Incredibly Popular Fancy Dress Store in Busy Bolton Location

Bolton, Greater Manchester
REF: INT2960

Asking Price:
£22,000
Annual Turnover:
£87,288
Annual Net Profit:
£15,715
Reduced
REF: INT2960
Photo of Incredibly Popular Fancy Dress Store in Busy Bolton Location
Photo of Incredibly Popular Fancy Dress Store in Busy Bolton Location
Photo of Incredibly Popular Fancy Dress Store in Busy Bolton Location
Photo of Incredibly Popular Fancy Dress Store in Busy Bolton Location

Overview

Tenure:
Leasehold
Established:
2003
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Low Overheads
  • Equipment Included

Now on the market is a fancy dress business situated in a very busy retail area in Bolton. The shop has a fantastic lease agreement that can be negotiated.

The fancy dress company attracts a wide variety of customers – especially when it comes to special occasions such as Halloween or Christmas. They also offer rentals.

With high footfall and an established reputation in the local area, the well-equipped shop is a great acquisition for an individual in the retail sector.

This fancy dress shop also has around £80,000 worth of stock available, a comprehensive list can be provided upon request and the seller will split stock if requested.

The business is currently open 4 days a week and the business could increase turnover by opening more days a week.

The business also sells products on their e-commerce website which has proven to be very popular

There is the possibility for the freehold to be purchased alongside the business. The building also has an apartment upstairs which could be used as accommodation.

The fancy dress shop is located in Bolton - the vendor owns the property, therefore, the lease can be negotiated but it is currently around £7200 per annum.

Their team comprises the owner-operator, alongside 2 employees (1 x PT and 1 x Saturday). Fixtures and fittings are included within the sale, and the premises comprises a large kitchen area, toilet and sink downstairs.

There is the possibility for the freehold to be purchased alongside the business. The building also has an apartment upstairs which could be used as accommodation.

There is huge potential for an online expansion of the business, turning this shop into an e-commerce venture.

The business could stock its costumes on popular marketplaces such as Amazon or Ebay to increase profit margins.

They could also benefit from a stronger social media presence on Facebook and Instagram, attracting a wider customer base.

Features

Online Presence

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£7,200
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2033
Accommodation Included
Yes
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
XXXX
Current Ownership
XXXX

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