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Natural Gifts Bath & Cosmetic Products In Falmouth For Sale

Falmouth, Cornwall
Asking Price:
£69,950 Furniture / Fixtures included
Turnover:
£140,000
Net Profit:
Under £50K

Veritas Business Sales are delighted to offer this respected Gifts, Toiletries & Cosmetics shop which is located in the vibrant harbour town of Falmouth. The business was established by our client 14 months ago and is reluctantly being offered for sale to concentrate on other business interests. Since ownership they have redecorated and continually invested in new fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Since launching Beach Bomb has created a real buzz around Falmouth and has already established its self as one of the most popular shops in town. Beach Bomb is very much owner operated and employs the help of 1 part time member of staff and has a turnover of £140,000 enjoying a 40% rise in turnover in the past 12 months, with a very healthy GP of around (50%). They retail a fine range of soaps, toiletries, cosmetics, sweets, handbags, scarfs and has trading terms with major brands such as Ted Baker, Folk Law, Happy Jackson and Bomb Cosmetics, Red Cuckoo (hand Bags), Pom (Jewellery & Scarves). We believe that there is further potential to increase trade by expanding upon their current advertising campaign and developing social media and on-line sales. The business enjoys a strong reputation locally for its high quality and as such has a high level of regular local trade along with many visiting tourists. This is a superb opportunity to purchase a growing business which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. 

Property information

Property:

Leasehold

Lease Terms:

Original term: 10 years
Remaining: 9 years
Rent: £21,000 pa
Rates: £10,000

Leasehold Rent:

£21,000 per annum

Location:

This delightful business is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on the main street in the heart of the town centre and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Premises Details:

Ground Floor
Front retail area (3.3m x 5.3m) comprising: serving counter with cash register, large display dresser, various cabinets, various display tables, 2 mobile shelving units, large mirror, ceiling lights, 3 wooden display units and 2 dressers.
Rear retail area (4.3m x 6.3m): comprising various shelving units, 3 portable shelving units, 2 dressers, 2 white wooden shelving units and 2 free standing display units.
Store room (1.2m x 3.5m): with sink with drainer and kettle.

Lower Ground Floor
Basement (3.3m x 2.4m) comprising: sink drainer, microwave, dresser, various shelving, computer, key board and monitor
Door to car park
W/C and wash basin
External
Rear parking for (2)

Business Operation

Trading hours:

Monday – Saturday – 10.00am – 6.00pm
Sunday – 11.00am – 4.30pm

Employees:
1 part time

Other Information

Inventory / Stock value:
£15,000
Website:
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Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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