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Vintage Designer Clothes Shop In Suffolk For Sale

Suffolk, UK
Asking Price:
£40,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Under £50K

Vintage designer clothes shop trading from a Well branded lock up premises that has been Recently refurbished and is Completely unopposed.

Located on a Secondary parade which is Close to the town centre – suffolk and is within walking distance to 3 Large car parks. The business was Owner established in 2017 by our client who has built up a Highly enviable reputation within the sector along with the Festival & events market space.

The business is being sold with a Full complement of equipment, E-Commerce website, Copyright brand, social media accounts and supported selling apps. A lifestyle Profitable business the turnover is circa £60,000 per annum with a High gross Profit margin of approximately 41% still offering Huge scope to increase revenues.

The premises are held on a secure lease at a current rental of Only £7,000 Per annum exclusive further benefitting from Low overheads and Zero Business rates payable. Rarely does a business like this come to market so an Early viewing is advised by sole agents Essex and suffolk business sales.

Property Information

Property:

Leasehold

Leasehold Rent:

£7,000 per annum

Business Operation

Competition / Market:

None

Reasons for selling:

Other business interests

Employees:
1
Years established:
6

Other Information

Support & training:

Full in depth handover available

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£25,000