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Modern Fragrance & Vape Retailer For Sale

Preston, Lancashire, UK
Asking Price:
£49,995
Turnover:
£180,000
Net Profit:
£90,000

Open To Sensible Offers!

An exciting opportunity has arisen to acquire a profitable perfume and fragrance shop for sale in Preston, Lancashire, benefiting from a stylish retail premises, established online presence and strong financial performance.

Trading as Dubai Souq, this modern retail business specialises in perfumes and fragrances, with a particular focus on popular Middle Eastern and Dubai-inspired scents, alongside a range of accessories and additional retail products.

The business benefits from an impressive annual turnover of approximately £180,000, alongside a reported net profit of £90,000 and a fully fitted retail premises, making it attractive to ambitious owner-operators and retail entrepreneurs.

With an established e-commerce website and social media presence, the business offers opportunities to reach customers beyond its physical Preston location.

There is further scope to increase revenue through targeted digital advertising, influencer collaborations, expanded online sales and additional fragrance collections.

Offering an established retail setup, existing stock and no employed staff, this represents an appealing turnkey opportunity for an incoming owner seeking a profitable retail business with further growth potential.

Key Selling Points:
Annual turnover of approximately £180,00
Reported net profit of approximately £90,000
Stylish, fully fitted retail premises in Preston
Extensive range of Middle Eastern and Dubai-inspired fragrances
Established e-commerce website and social media presence
Approximately £12,500 of stock at valuation
No employed staff, supportuning a streamlined operating structure
Excellent scope for online expansion and product development

The business is offered for sale due to the owner's relocation overseas.

Contact CoGoGo today to request further information or arrange a viewing.

Financial Profile

We are advised that the business achieves the following financial performance:
Turnover: £180,000 per annum
Net Profit: £90,000 per annum
Stock at Valuation: £12,500, subject to final valuation
Business Rates: £65,000 per annum

Property Information

Property:

Leasehold

Location:

Situated on Ormskirk Road in Preston, Lancashire, the business benefits from an established retail location with a physical shopfront.

Its position provides access to local shoppers, while the existing e-commerce platform offers opportunities to reach customers throughout the UK.

Premises Details:

The business operates from stylish, well-presented leasehold retail premises, featuring an established shop fit-out, product display areas, refrigeration equipment and security shutters.

The premises provide a ready-to-trade environment, allowing an incoming owner to continue operating without requiring a complete retail refurbishment.

Business Operation

Trading hours:

The current operating hours are:
Monday to Saturday - 10:00 am to 9:00 pm

Sunday - 10:00 am to 8:00 pm

Employees:
The business currently operates with no employed staff, providing a streamlined cost structure and making it particularly attractive to an owner-operator.