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City Business Brokers is delighted to welcome to the market this busy, very well established and well-respected ladies fashion boutique, which is ideally located within a much sought-after area of Barnt Green. The business was originally established 47 years ago and has been in our clients’ careful ownership since 2007. Only now is the business, reluctantly, being offered to the market due to our clients’ unforeseen illness.
The shop is currently open 5 days per week generating a turnover in the region of £106,000 per annum.
Our clients offer a wide variety of ladies ‘fashions to suit every occasion, stocking established brands not offered in department stores. The business is known for its range of exclusive items, fabulous accessories, excellent quality and personal service.
The shop is located in the beautiful and “destination” village of Barnt Green and the good-sized premises (916.5 sq ft) are 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 taking this already successful business to the next level. A new owner could embark on a marketing campaign to promote the business and goods offered. The boutique already has an informative website in place to advertise the business, which we feel could and should incorporate online ordering facilities. The business would also benefit from taking greater advantage of social networking sites such as Facebook and Twitter to promote the goods.
Lease: The current lease has expired and the landlord is keen to get a new lease in place.
Rent: Currently £9,678 per annum
Rates: The business benefits from Small Business Rates Relief
This is an excellent opportunity for a new owner, perhaps a husband-and-wife team or partnership; therefore, early discussions with City Business Brokers must come highly recommended to avoid disappointment.
All the above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this informationNote: Library images may have been used for display purposes