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Women's Lifestyle Retail Store With Restaurant
Location: United Kingdom -> North East Somerset
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Upscale Women's Contemporary Lifestyle Retail Store with Restaurant in a prime City Centre Location
Ref. AB246
Location : North East Somerset
Asking Price : £550,000 + SAV
Extremely well established contemporary concept, female oriented, lifestyle and home-living shop, founded by the Vendor in 2001. The business is in a prime destination location, being adjacent to one of the main thouroughfares in this busy and historic City and well positioned among other popular retailers, art galleries and restaurants with established clientele. Conveniently located and just a short walk from the centre of the City and its popular attractions for visitors from all over the world, the business is also in close proximity to many well established residential areas and provides an excellent and growing customer base, across all age groups.
Well known by its ostensibly Female clientele and in the locale for the wide selection of products, from fashion apparel & accessories to contemporary furniture, including lighting. In addition to the retailing of these product items, the store has a popular Italian restaurant/café/coffee-shop within its premises that is sub-let to a separate business but which chimes well with the overall themes and aesthetics of the store.
The clothing & lifestyle retailing is branded separately from the coffee-shop and is a companion store to a like branded store in Gloucester; both prosper from co-promotion and are very separate in clientele and trading.
The business has many competitors in the City for furniture, fashion and food but none of these other retail outlets combines all three desirable attributes in a single location in the way that this unique store does. This combination is supported by a shrewd sourcing strategy that requires the vendor to travel to designers, manufacturers, suppliers and trade shows around the world, in order to find products consistent with the aesthetic that is core to the store's offering; and at margins,


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,261,002
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  The vendor would be happy to stay and hand-over and are happy to provide training for an agreed handover period.
Reason For Selling:  Genuine retirement sale.

Photos

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Women's Lifestyle Retail Store With Restaurant Photo 1




Print Listing Id: 700332045
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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