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Asking Price$233,903
Revenue$511,469 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Two Established Family Owned Profitable Ladies Fashion Outlets –
2 stores stocking an impressive range of ladies clothing/footwear and accessories
Location Worcester Prominent Arcade Positions
Asking Price: £150,000 + SAV
'Profits risen in 2013'
This is an exciting opportunity to be able to acquire an established family run business, which has been trading in the ladies fashion arena for well over 15 years. The business specialises in the sale of a wide range of ladies fashions from clothing through to footwear and has become a household name in this well populated town centre.

The business trades from 2 very well presented shops which have their own branding. The larger of the 2 shops has significantly more floor space, which is in the region of 2,000 sq ft across 2 floors. The sister shop is a more compact retail space and this shop tends to operate at the lower value end of the market to the other shop, hence they work very well hand in hand with each other. The current owners have always traded with these 2 units which are located within the same high footfall arcade. This has many advantages the most obvious being the flexibility of staff to cover both shops, the movement of stock etc and the ability to make the most of all the different styles and price ranges a buyer could want from one popular location.
Facilities:The business trades from two very well presented shops. The first which is the larger of the two, offers an open plan sales area with counter and changing facilities to one end. This is then complimented by a second floor which again offers a variety of well merchandised ladies fashion lines. In addition to the retail areas there are stock, storage and WC facilities for the owners use. The sister shop is a more compact retail area with counter to one end. This again has been designed to make the most of the space which is on offer. We are advised that there is a further room to the next floor which is used for storage and staff facilities. There are 2 leases which are currently in place the first shop is held on the remainder of a 5 year lease with an annual rent of £19,000 + SC. The second shop is held on the reminder of a 10 year lease and the current annual rent is £8,000 + SC. Both leases are due for renewal in 2014. We are advised that it has been indicated that new owners may well be able to negotiate lower rents on new leases for both shops going forward. This would need to be verified by the landlords.
Growth Potential:The current owners are now looking to retire but they also feel that the market for a business with such a strong reputation is very healthy. The business does have a fully operational website but by the owners admission this has not been given the attention that it deserves and this would undoubtedly be a very profitable avenue for new owners to explore.
Sale Reason:The current owners are approaching the age of retirement
Ad #50833
Seller Reference #AB216
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Contact This Seller
Andrew Hudson
0044 1895256000
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