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Tue, Jul 14 2020 03:49:49 AM  |  /

Retail Baby Shop Retailer of top end luxury baby goods, clothing and equipment

Business Id:000404     |    Reference: AB223
Leasehold Price:
£150,000.00
Business Description

Retail Baby Shop

Retailer of top end luxury baby goods, clothing and equipment

Ref.AB223

Location Essex

Asking Price £ 150,000

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.

This business has an excellent brand name within its sector and represents an excellent acquisition opportunity for an existing operator to extend their presence in the baby market or for a new entrant to establish an excellent foothold in the sector by acquiring a business with tremendous potential.

 
Business Information
Turnover:£253,277.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Babywear Shops, Childrens Clothes Shops
Statistic Information
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Business Profile
Equipment:
Key strengths: With the UK currently experiencing a significant baby boom, this retail outlet is operating in a fast growing market and is an excellent business to be involved with. The affluent customer base of ‘parents’ are happy to spend on their new born babies. The store operates very much at the top end of the market with a wide range of quality products. Many of its brand names are highly exclusive – including some of the world’s top designer labels – goods which are increasingly attractive to high net worth purchasers. In a very short period of time this business has developed an excellent reputation and brand name and is located in very well suited premises.
Key Opportunities:
Financial performance: The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover circa 253,277 per annum Gross profit circa £90,702 The Asking price of £150,000 is for 100% issued capital including stock, (calculated on a zero cash- zero debt basis).
Asking Price:
Advertising and Marketing:
Growth and Expansion: 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.
Premises:
Business Hours: Monday – Wednesday: 10am - 8pm Thursday and Friday: 10am - 9pm Saturday: 9am - 9pm Sun: 11am - 5pm Development of a new e-commerce website would create a business that could trade 24/7, with all the financial benefits.
Employees: The staff include the owner plus 3 x sales staff on part time hours.
Support and Training: The owner is happy to provide a full business handover to ensure a smooth transaction.

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