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AB095-£500,000-Baby Goods and Services Retailer

Asking Price: GBP 500000
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Business Location: United Kingdom » Others » North East 
Category: Retail » Miscellaneous Retail
Description:
Baby Goods and Services Retailer

Confidentially offered for sale
Ref No: AB095
Location: North East

Asking Price: £500,000
The current owners spotted a gap in the market over four years ago, to open a baby shop selling all baby equipment, in a busy town centre shop in the North East. They have now built up the turnover to circa £250,000 selling mid to top end market, branded product. They are also have an extremly competitive pricing structure,which accounts for the continual rise in sales.

They specialise in, prams, pushchairs,cots,car seats, bedding and toys,stocking the brands which can’t be bought from the national multiples.

The quality of the product and service just cannot be matched by the large retail chains. The owners offer the only full range of branded products in the town,making them a one stop shop for baby neccesities.

They run package deals for their customers,which are extremly popular. This takes away the problem for the new parents of hunting around for different items whilst saving them money
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2003
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
One of the two partners is wanting to emigrate to Spain and the other partner wants to explore other business interests.
Market competition and expansion:
The company spends a little money on local press advertising and handing out leaflets in store. Most of their suppliers provide them with catalogues and brochures which can be distributed. Most of the business comes from word of mouth recommendation and passing trade on the high street. There is room to develop the web site as an extra marketing tool
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