Property ID : ecigks
For sale £179,000 - General Retail
City Business Brokers are delighted to bring to the market a trio of leasehold E-Cigarette retail outlets located in the Staffordshire area of the Midlands .
The owner has been trading from these three locations since 2014.
The initial store has been trading for 3 years and the other locations are 2 years and 1 year respectively
The owner is currently enjoying a turnover of up to £300000 pa
The outlets operates from single fronted units which benefit from close parking and excellant footfall .
The main displays in all 3 shops are under glass topped units with stock behind the counter. The overall feel to the outlets is one of sophistication and style which adds an additional perceived value to the products on sale. To support the sale areas there are stock rooms at two locations
The owner currently oversees the operation with a manager operating each outlet
Financially, the business is trading solidly and delivers strong gross profits at circa 60 % with a healthy net profit. . The business benefits from regular customers and certainly enjoys plenty of repeat sales.
A new owner could certainly take a more hands on approach to add an extra dimension to the business and push it forward on to the next level.
Store 1 – 10-6pm Store 2 -9.30-5pm Store 3 -9-5pm all 6/7 days per week
Store 1 £998.00 per month store 2 £1750.00 per month store 3 £ 300 per month
The Unique Selling point about the business is a strong supply chain , with quality products at very reasonable prices
#All shops are tpd compliant
Early viewings are recommended.
A full profile is available once a confidentiality & non disclosure agreement has been signed. 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.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.