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Selling Lifestyle Fashion Clothing And Footwear
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $376581
Net Profit / Cash Flow $49122
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 0
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The owners would be happy to help with a smooth transfer of the business in any way possible.
Reason for Sale The owners have decided that the shop is too far a distance from where they live and spend a great deal of time each day travelling. Regretfully they have decided that they need to find something closer to their home and have decided to sell the shop.
Description Retail Shop Selling Lifestyle Fashion Clothing & Footwear
Confidentially offered for sale
Ref No: AB191
Location: Lincolnshire
Leasehold
Asking price: 95,000 + SAV
This is an excellent opportunity to acquire an established retail outlet selling lifestyle fashion in a prominent leasehold location in Lincolnshire. They carry a vast range of clothing, footwear and accessories from a number of well known and iconic urban lifestylee brands from around the world. The owners opened the shop with a target market age range of 25-40 but have since realised that this type of merchandise actually sells to all ages.
The company runs all of its operations from a centrally located computer system for ease of stock management and accounting. They run a basic EPOS till system and have a small amount of sales from the internet. Margins are healthy with a 2.35 2.5 mark up on all products.
This is a good opportunity for new owners to take over an established lifestyle fashion shop. They have excellent well known prestigious brands allready in place. All of the start up teething problems of a new business have been overcome by the current owners leaving new owners to concentrate on increasing the merchandising, marketing and sales.
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