Business description

Well established Retail Dancewear business stocking and selling the full range of Children's dancewear and Adults & Children's Dance Shoes through the retail outlet, internet sales & events. Genuine reason for sale to assist husband in new business interests. For this reason we would like to secure a buyer as urgently as possible and this is reflected in the price. The current stock valuation is approximately £55,000, current retail value approximately £120,000 and we are willing to sell for only £55,000 to obtain a quick sale. Altogether this represents a fully stocked, ready made, easily ran business at a genuine price. Although, this is an urgent sale we will still give 1 months free training to assist the buyer in a smooth transition.

Property information

Property:

Leasehold

Lease terms:

2 years remaining on current lease - renegotiable

Leasehold rent:

£11,040 per annum

Location:

Retail premises in a secondary trading position that ensures a lower rent, along with internet and event sales.

Premises details:

Retail trading area with changing area, 2 stockrooms & toilet area

Other information

Expansion potential:

Currently there is only one website featuring a limited range of shoes. There is potential for greatly increased sales through the sale of other shoes and Childrens wear. Also extended trading hours.

Competition / Market:

Although located in a very large town there is no other competition

Support & training:

1 months induction

Reasons for selling:

Other business interests

Trading hours:

Tuesday to Saturday 10am - 5pm

Furniture / Fixtures value:

£1,000 (included in the asking price)

Inventory / Stock value:

£55,000 (included in the asking price)

Website:

www.swingdanceshoes.co.uk