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City Business Brokers are pleased to bring to the market this exceptional “Destination” Ladies Fashion Shop, ideally located in the centre of a lovely town in Greater Manchester. The business was established 50 years ago and has been in the careful ownership of our client since 2020. Consistently showing high turnover and profit, the business is now being offered to the market due to our client’s business venture overseas. The shop, covering 2 floors including offices and workroom, operates 5 days per week generating a turnover in the region of £600,000 per annum.
Our clients offer a wide variety of stylish ladies’ fashions, Shoes, Handbags, Jewellery, Accessories, Nails, Makeup and Skincare, stocking established brands from the UK, Europe and North America. The business is known for its range of exclusive items, fabulous accessories, excellent quality and personal service.
The good-sized premises are very well-maintained and fitted out to suit the trade having recently had substantial upgrading. 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 substantial scope to increase the turnover by taking this already successful business to the next level by being both a destination boutique on the high street and online. 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 can be greatly improved. Online buying and ecommerce could be considered alongside dropship lifestyle product offering. The business would also benefit from taking greater advantage of social networking sites such as Facebook, Twitter and Instagram to promote the goods and help to target a new and younger customer base. Additional services such as alterations, professional bra-fitting along with skincare, make-up and nails consultations would also be advantageous along with opening 6 days per week. Everything is in place but not yet launched.
Lease: 10-year lease with a break clause at 4 years
Rent: £18,000 per annum
This is an excellent opportunity for a new owner, perhaps a husband-and-wife team or partnership, to take this already thriving business to the next level with clear actions to be taken and ready to deploy; therefore, early discussions with City Business Brokers must come highly recommended to avoid disappointment.
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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