| AB095-Baby Goods & Services Retail |
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United Kingdom
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INDUSTRY
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BUSINESS SUMMARY
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Baby Goods and Services Retailer
Confidentially offered for sale
Ref No:AB095
Location: North East
Asking Price: £499,000
The current owners spotted a gap in the market over four years ago, to open a nursery store specialising in the sale of prams and nursery accessories. The store is situated in a busy town centre in the North East of England.
The company has grown to build its turnover to circa £250,000, selling mid to top end branded product.
They company specialise in the retail of prams, buggies, travel systems,car seats,cots, nursery furniture, bedding, toys etc., ranging market leading brands such as Silver Cross, Chicco, Recaro and Jane, to name a few.
The company offer a competitive yet lucrative pricing structure that enables them to sell the customer, multiple products, eg pram, cot, mattree, nursery furniture etc. This “Package Deal” system is now well known in the region, with customers travelling from far-a- field to visit the store and make their purchase
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| Following the initial set up of the business, the company now spend a small budget on local advertising such as radio, newspaper and leaflet distribution. As the company is now well established, the majority of public awareness is made by word of mouth recommendation and passing trade. |
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DETAILS ABOUT THE SALE
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Support & Training
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The business runs smoothly and is simple to administrate. The current owners would be happy to help, and ensure a smooth handover . |
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Reason for Selling
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One of the two partners is wanting to emigrate to Spain and the other partner wants to explore other business interests. |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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