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Businesses For Sale > Business For Sale in Kent, UNITED KINGDOM - UK (UK)

AK036 -Kent-£ 97,000-Branded Discount Retailer for sale in Kent, UK

Kent, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
Undisclosed Undisclosed Undisclosed

Business Summary:
Branded Discount Retailer Ref.AK036 Location Kent Asking Price £ 97,000 Established by the current Owners, business start up specialists, in December 2008, this is a rapidly growing discount retailer, having opened the first of what was originally conceived as being a strong regional chain of stores, in one of Kent’s busiest commercial centres. Ideally positioned in a prime High Street location – with other complimentary retailers in the area, benefiting from high levels of footfall, this business offers everyday quality branded products at discounted prices giving real savings to its customers. All products retail for £1.00 or less ensuring that all customers enjoy a bargain. As a result, in just a very short time, this business has built up an ever increasing, loyal customer base attracted by the fresh, clean, fun and contemporary look of the store, its simple pricing structure, the quality of the products and the frequent promotions offering customers even better value. Developed with a strong, relevant, appropriate and campaignable corporate identity, this business offers a full range of products including baby goods, food and confectionery – crisps, drinks, biscuits, T-Bags, sugar etc, pet lines, stationery, gifts and children’s toys, healthcare, household goods, hardware and small electrical goods.

 

   
Year Business was Established: 2008
   
Facilities / Terms of Lease: This business operates in a prominent High Street position with synergistic outlets nearby attracting high levels of footfall. There is ample paid for parking to the rear of the premises. The premises, with approximately 1100 square feet of retail space on the Ground Floor and 600 square feet of storage space on the First Floor, have an A1 licence enabling the business to retail ice creams in summer, hot dogs in winter etc The premises are secured on a lease due to expire in 2015 with a tenant only break clause in 2012. Rent is £35,250 per annum. Rates are £9,900 per annum.  
   
Potential Growth/Expansion: N.A.  
   
Competition: With a very well positioned retail outlet this business benefits from high levels of awareness from passing traffic boosted by peak time market day leaflet distribution and quality in-window point of sale displays. The business has a very well designed, informative and easy to navigate website which performs very well in all the major search engines for all appropriate search terms. But by far the most effective form of marketing for this business is the strong word of mouth recommendation the business enjoys, testimony to the excellent value of its product range and the customer service it offers.  
   
Owner willing to train: The Owner will provide full business familiarisation, training and handover, covering all aspects of the business, to ensure a smooth transfer to new Owners.  
   
Reason for selling: As specialists in start ups, the current owners of this business believe they have taken this concept to the right level to pass it on to new Owners to take it on to the next stage and build on the excellent foundations already laid.  
   
Seller Reference Number: AK036
BusinessMart.com Listing Number: 66620
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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