Retail Business For Sale in Hampshire South_east

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Designer & Vintage Clothing Retail & Online Shop

Location:Hampshire, South East

Category:Retail

Asking Price:£39,000

  • Sales revenue : £117,000
  • Net profit : £30,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : £30,000
  • Designer & Vintage Clothing Retail & Online Shop
  • Designer & Vintage Clothing Retail & Online Shop

Business description

This business consists of ‘Katy Mae’, a designer & vintage clothing retail shop in the market town of Alton, opened in November 2015 and ‘Outrageously Gorgeous’, an eBay online shop that has been operating since August 2011. Both businesses specialise in new, nearly new and vintage ladies’ designer clothes and accessories.

Katy Mae is located just off the High Street in the market town of Alton, one of a number of independent businesses. The shop is leased until September 2020 with a break clause in September 2018.

Katy Mae and Outrageously Gorgeous share the same stock, comprising new, nearly new and vintage ladies designer clothes. Stock is sourced from end of lines and bulk online purchase opportunities, and directly from the public. Both businesses only use designer stock in immaculate condition.

Both Katy Mae and Outrageously Gorgeous have a loyal customer base (the latter has 100% positive feedback with nearly 6,000 feedback scores and over 400 followers).

Katy Mae makes use of social media to increase awareness, has a new Amazon shop called Katy Mae and is about to launch its own website, marketing the current stock and with the ability to sell online. Outrageously Gorgeous has just launched an online shop using the Shopify platform. All the above will help deliver further growth for the new owner.

Currently the combined businesses deliver sales of c £117k per annum delivering earnings of £30k. The guide price for the combined business is £39,000 plus stock at value. The sale is driven by the vendor’s need to be a full time carer. While the shop and online business are being marketed jointly, the vendor would be happy to sell only Katy Mae (the retail shop).

The business is being marketed by [Web Link Censored] and all enquiries should be addressed to them. Please do not contact the vendor directly

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