AN ESTABLISHED GIFT, HOME AND LIFESTYLE STORE ENCOMPASSING A STOCK OF EXCEPTIONAL QUALITY THAT IS UNPARALLELED IN THE LOCALITY.

Reference: 
9392
Enquire about this property
£50,000
Leasehold
For Sale

A rare opportunity to acquire an established gift, home and lifestyle store encompassing a stock of exceptional quality that is unparalleled in the locality, with exclusive selling rights for a number of premium brands. The business is located in a Derbyshire market town, but attracts customers from far and wide.

This established gift, home and lifestyle store provides an excellent opportunity to acquire an already successful business which also provides the potential to be developed further.

The business occupies a prominent position on one of the town’s main arterial routes ensuring an excellent level of visibility and passing trade, and the well-presented exterior signals the quality of the goods within.

The shop is beautifully fitted out with high quality shop fittings, units and display cabinets which provide homes for the excellent collection of premium brands stocked, many of which the shop carries exclusivity for within the local area.

The shop carries a stock unrivalled within the locality, including high quality ranges of kitchenware, toys and books, Steiff, ladies and gentlemen’s clothing, luxury toiletries and skin care ranges, jewellery, silverware, bronze figures, clocks, and a range of spirits and liqueurs which is by no means an exhaustive list.

The business is currently performing very well, with average weekly takings in excess of £3,500 and a gross profit margin of approximately 45%, a testament to the quality of the shop and product ranges with customers travelling from far and wide. The business has shown consistent growth since opening, and is currently achieving 20% further growth so far this financial year, showing excellent continuing growth. The business currently has a limited online presence which offers an exceptional area for growth. The business is being offered for sale due to other commitments, without which a new proprietor will be able to develop the business further.

 

This is a confidential sale, and further details will be provided to interested parties following completion of a non-disclosure agreement.