Retailer of top end luxury baby goods, clothing and equipment for Sale
Ref : BFS0322
Located at Essex, England, United Kingdom
Asking Price : £150,000
Anuual Turnover : £253,277
Gross profit : £90,702
Premises : Leasehold
About the Company
Established by the vendor, the business retails a whole host of gorgeous baby clothes, toys and baby equipment, quite different goods for other major babywear stockists, concentrating on top end, unique products not normally found. Based in a popular shopping centre offering easy access and parking for parents, this business is the place to go for anyone looking for almost anything to do with new born babies. The exclusive stock ranges from top end baby goods, icandy prams, Italian baby clothes, cots & accessories, dolls & dolls pushchairs, plus christening clothes & car seats.
This store has established a great reputation since it started in 2010 for top end availability and friendly, customer service. It has very well established relationships with its supplier base, which has helped to ensure that product quality and availability is never compromised and that customers receive the highest possible quality of service.
Located in the heart of an immensely popular Shopping Mall, the retail outlet is leasehold. Modern and well fitted out the double fronted shop unit is extremely attractive and inviting for customers. Approximately 500 sq. ft. the shop comprises of the retail area and a storage room. The store is covered by the Central CCTV security. Annual rent is £45,969 including VAT and the rates are £13,551 per annum.
There is an outstanding opportunity to build on the existing customer base of this business. With a strong demand for the products retailed by this business, a new owner investing time in expanding the marketing and creating a quality e-commerce website would give huge potential to dramatically increase future turnover. This would also create scope to receive orders from the high net worth individuals form the Far East who are now creating demand for designer baby clothes, baby accessories and traditional toys.
The staff include the owner plus 3 x sales staff on part time hours.
Support & Training:
The owner is happy to provide a full business handover to ensure a smooth transaction.
Reason For Selling:
The owner has now decided to look at a new venture by entering the wholesale side of the business sector.