For sale £37,000 - clothing
City Business Brokers is delighted to welcome to the market this busy well-respected Ladies boutique, which is ideally located within a much sought area in the market town of Loughborough The business was originally established in 2002 and has been in our clients’ careful ownership ever since. Only now is the business, reluctantly, being offered to the market, due to our clients wish for Semi Retirement.
The shop operates 6 days per week, generating a turnover in the region of £87000 per annum and growing !
Our clients offer a wide variety of stylish ladies’ fashions to suit every occasion catering for most standard sizes from top exclusive brands from Italy and the UK and as well as fabulous accessories to suit
The shop utilizes perfectly all the lower and upper floor space and is very well maintained and fitted out to suit the trade. Our clients have worked tirelessly to maintain and build on the reputation of this very successful and well-respected boutique, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering seven days trading. A new owner could embark on a marketing campaign to promote the business and goods offered ,especially marketing additional brands plus organisation of local fashion shows .The business would also benefit from taking greater advantage of social networking sites to promote the goods.
The Business occupies two levels and is located in a prime trading area in the town The property is situated on a busy thoroughfare and is surrounded by complementary shops, businesses and residential properties, from which the business derives much trade. Being located on a busy shopping street, the fashion retail business benefits from a high volume of footfall and passing trade, as well as local parking facilities
Rent amounts to £13500 with zero business rates , the current stock amounts to circa £15000
This is an excellent opportunity for a new owner with occasional part time help to take the already thriving business to the next level; therefore, early discussions with CityBB must come highly recommended to avoid disappointment.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please complete the form below or telephone 0121 452 5133/ 07775903332
All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy