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Established Ladies Clothing Boutique - Ramsbottom For Sale

Ramsbottom, Greater Manchester, UK
Asking Price:
£35,000 Furniture / Fixtures included
Turnover:
£48,369
Net Profit:
Available on request

Sought After Village Location
Accounts Available Year End 31st March 2022
Annual Turnover £48,369
Gross Profit £31,601
Accounts Available After Viewing
Established 2010
Retirement Sale
Owner Operator / No Staff
Well Presented
Bustling Area & High Footfall
Potential To Introduce New Product Lines
Scope To Expand Opening Hours
Potential For Online Sales
EPC - C

REF 7860 – Leasehold Ladies Clothing Boutique

Blacks Brokers are pleased to bring to the market this leasehold ladies clothing boutique located in Ramsbottom, Greater Manchester.

INTRODUCTION

Hushmoon was established in this affluent area of Ramsbottom in 2010 and was taken over by our client in 2019. The business offers a range of ladies clothing and accessories and has become very well known in this area. Hushmoon has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this high street position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Hushmoon has an active social media presence.

LOCATION

Hushmoon occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Tesco and Morrisons. There are also a number of amenities and attractions nearby including schools, car parks, parks and Ramsbottom Train Station. Ramsbottom hosts many events throughout the year including a chocolate festival, Christmas markets, Black Pudding World Championships and many more. The area is well linked by the M66 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2019 at a cost of £154 per week.

STAFF

The business operates with our client only in employment.

FINANCIAL DETAILS

Hushmoon has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st March 2022 show annual turnover of £48,369 and gross profit of £31,601. Full financial information is available upon request.

SUMMARY

This well established business occupies an enviable trading position in a sought after and busy area of Ramsbottom. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours. A new owner may also look to develop a website with online shop. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON & TUE: 10:00 - 16:30
WED: CLOSED
THU - SAT: 10:00 - 16:30
SUN: CLOSED

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