Women's Lifestyle Retail Store With Restaurant

www.GlobalBX.com

Listing ID: 700332045

Listing Title: Women's Lifestyle Retail Store With Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=332045

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United Kingdom

State / Province:

Area

City: North East Somerset

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,261,002

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2001

Number of Employees: 1 - 3

Business Description:
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,



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