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Arundel Boutique Vintage Clothing Shop for Sale - Women's & Men's 20s-50s Styles

Arundel, West Sussex
Boutique Vintage Style Clothing Shop For Sale in Arundel Photo 1
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Boutique Vintage Style Clothing Shop For Sale in Arundel
  • Status

    FOR SALE

  • Date Submitted:

    14/03/23

  • Advert ID

    509867

  • Leasehold: £95,000
  • Rent: £11,400
  • Turnover: £105,000 (£2,019 Per week)
  • Net Profit: £32,000 (31% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • Unique Business
  • Free of Tie Leasehold
  • Town Centre location
  • Close to Local Amenities
  • Attractive Business
  • Split Level Trading Area
  • Fully Fitted
  • Adjacent to Multiple Retailers
  • Company for Sale

Business Details

Boutique Vintage Style Clothing Shop For Sale in Arundel

A small established boutique business selling vintage inspired clothing and accessories for women, with a well stocked men's section. The general eras covered are the 20s, 40s and 50s. Everything is a good quality reproduction, not true vintage.

The business has been located in Arundel for the last five years (was in Horsham prior to that) and has a regular, returning customer base. It also has an e-commerce website and uses social media platforms such as Facebook and Instagram.

Arundel is a pretty tourist town with the added attraction of the Castle. Some times of year can be quieter than others, but this business being a provider of Vintage clothing and therefore specialised,  has a customer base that come far and wide to shop. A lot of work has been done with the website, and google which is showing great progress. Due to the lockdowns in 2020 we spent extra on google ad words, which has increased our online takings by approx 15%. Our biggest marketing referrals come through from Facebook.  At the moment we are still taking more in the shop itself than online, but this side is growing.

We now utilise the upstairs too and have created a menswear room and the back room is for formal and out of season at present.

The business has a reasonable rent and small service charge fee. There are no rates currently payable. The lease (which is tenancy at will) can be transferred over easily.

I have suppliers and contacts I order from, and have recently started an own brand collaboration, which can be carried on relatively easily, should you wish to continue it.

The Business is owned by a Ltd Company with shares, currently owned by myself – the sole director. I am also the only official employee. All our financials are public record and accounts are up to date.  All trading history is available on request.  An amount is owed to an investor, but this and any current liabilities would be settled upon sale.   The Business is to be sold as the Ltd Company with the existing bank account – to be transferred to the new owner and Director.

Ideally I would like to sell to someone who has a love for what my shop is about and whom intends to keep the business going in its current location.  Someone who has great vision and inspiration to take the business to the next level. It has scope for expansion into other areas and there is space to add new lines.

I would happily assist with a handover for a short period, so that I can show the new owner,  the current day to day, whilst they settle and implement their own procedures.

This is very difficult sell as I have put a lot into getting this business started and its growth to a thriving and popular shop over the last seven years, but I have been offered an exciting new opportunity, that is not conflicting, what I really want to explore.

 Please feel free to email me directly.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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