Description Retail Shop Selling Lifestyle Fashion Clothing & Footwear
Confidentially offered for sale
Ref No: AB191
Location: Lincolnshire
Leasehold
Asking price: 95,000 + SAV
This is an excellent opportunity to acquire an established retail outlet selling lifestyle fashion in a prominent leasehold location in Lincolnshire. They carry a vast range of clothing, footwear and accessories from a number of well known and iconic urban lifestylee brands from around the world. The owners opened the shop with a target market age range of 25-40 but have since realised that this type of merchandise actually sells to all ages.
The company runs all of its operations from a centrally located computer system for ease of stock management and accounting. They run a basic EPOS till system and have a small amount of sales from the internet. Margins are healthy with a 2.35 2.5 mark up on all products.
This is a good opportunity for new owners to take over an established lifestyle fashion shop. They have excellent well known prestigious brands allready in place. All of the start up teething problems of a new business have been overcome by the current owners leaving new owners to concentrate on increasing the merchandising, marketing and sales.