An excellent opportunity to acquire an established and well-regarded independent clothing, footwear and accessories retail business, occupying a prime trading position in a popular and affluent coastal town in Dorset.
Established in its current form in 2018, the business opened following a complete refurbishment, creating a bright, modern and beautifully presented retail space in one of the town's busiest and most visible trading positions. It offers a carefully selected range of men's and ladies' clothing, footwear and accessories from a number of recognised, well-regarded brands.
The business enjoys a loyal following and strong repeat custom, supported by its excellent location, quality product range and the enduring popularity of the town as a year-round coastal destination. It is well known locally for friendly, helpful service and an excellent customer-service reputation.
Offered for sale as a genuine going concern and turnkey opportunity, the business benefits from an established customer base, experienced part-time staff and modern, fully fitted premises, allowing a new owner to continue trading seamlessly from completion.
Key features
Established independent clothing, footwear and accessories business
Trading in its current form since 2018, following a full refurbishment
Men's and ladies' clothing, footwear and accessories offering
Bright, modern and attractively presented retail space
Prime, high-footfall trading position in a sought-after coastal town
Strong local and seasonal tourist customer base
Loyal following and strong repeat custom
Carefully selected range of recognised, well-regarded brands
Recognised locally for excellent customer service
Experienced part-time staffing support
Genuine turnkey opportunity
Clear scope to grow online and social media sales
A complementary sister business is also potentially available by separate negotiation
Financial overview
Gross turnover: circa £160,000
Adjusted net profit: circa £25,000
Tenure: leasehold
Lease: 15-year lease with approximately 7 years remaining
Stock: approximately £32,000, available in addition at valuation
Asking price: offers in the region of £97,000 plus stock at valuation
The business would suit an owner-operator, lifestyle purchaser, existing independent retailer, relocation buyer or husband-and-wife team seeking an established coastal retail business with genuine scope for growth.
Growth potential
There is clear scope to develop the business further through expanded online and e-commerce sales, increased social media engagement, improved search engine optimisation, email marketing, seasonal ranges, partnerships with local accommodation providers, and wider tourism-led marketing. The business has historically focused on traditional in-store retail, leaving an incoming owner well placed to build additional online revenue.
Reason for sale
The business is offered for sale due to the owners' planned retirement.
