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Established Lingerie/Fashion Boutique in Shropshire for Sale - Award-Winning with Growth Potential

Newport, Shropshire
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This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 1
This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 2
This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 3
This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 4
This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 5
This is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire Photo 6
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This is a superb opportunity to acquire an established lingerie/fashion boutique based in ShropshireThis is a superb opportunity to acquire an established lingerie/fashion boutique based in ShropshireThis is a superb opportunity to acquire an established lingerie/fashion boutique based in ShropshireThis is a superb opportunity to acquire an established lingerie/fashion boutique based in ShropshireThis is a superb opportunity to acquire an established lingerie/fashion boutique based in ShropshireThis is a superb opportunity to acquire an established lingerie/fashion boutique based in Shropshire
  • Status

    FOR SALE

  • Date Submitted:

    18/07/23

  • Advert ID

    516788

  • Reference

    447 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £80,000 (Stock at valuation)
  • Turnover: £102,111 (£1,964 Per week)
  • Net Profit: £28,132 (28% Profit margin)

Key Features

  • Close to Local Amenities
  • Fully Fitted
  • Adjacent to Multiple Retailers
  • Town Centre location
  • Prime Location
  • High Turnover
  • Retirement Sale
  • Attractive Business
  • Established Business
  • Unique Business
  • With Car Park

Business Details

This is a superb opportunity to acquire an established lingerie fashion boutique based in Shropshire

This is a superb opportunity to acquire a well-established, award-winning lingerie, swimwear/fashion boutique based in Newport, Shropshire. This is available on a leasehold basis.

The business operates as a leading retailer of high-quality lingerie, swimwear, nightwear etc. The store boasts a well-curated collection of nightwear, lingerie, and hosiery as well as dresses, swimwear, and shapewear. They stock a huge range of luxury brands including Freya, Fantasie, Elomi, Wacoal, Lingadore, Seaspray, Puma, Gossard, Pia Rossini, Pastunette, Ameona, Royce, Aristoc, Pretty Polly, and many others. They pride themselves on their excellent customer service, fast and efficient delivery service, and the quality of their product ranges.

The business has been trading since 2004 and has experienced steady growth since then on an annual basis. They have built up an excellent reputation and are considered a household name in their niche sector for the quality of their products, competitive prices, and excellent customer service. They can also boast a loyal customer base which has resulted in a vast amount of recommended business.

The premises has been decorated to a high standard throughout and the current owner has skilfully combined the character features of the property with modern fixtures and fittings. They can also boast a high-quality website which is fully functional with huge potential for future growth. Another key asset for the business, are the strong relationships that the current owners have developed with key suppliers in their industry, which ensures quality products for their clients.

·       Business in operation since 2004

·       Steady growth since establishment

·       Excellent reputation in area and Industry

·       Loyal Customer base who use the business regularly

·       Excellent location

·       High-quality website

·       Minimal competition in the local area

·       Excellent relationships with suppliers

·       High turnover - £102,000 (approx.)

·       Huge potential for further growth

·       Large number of positive reviews

·       Fully fitted premises

·       Excellent transport links

It is with a heavy heart that the current vendors are selling due to retirement.  Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the retail sector or an existing business looking for a lucrative acquisition. This is a turnkey business that is ready to trade from day one and is positioned to thrive under the impetus of new ownership!

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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

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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.

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

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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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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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The data showed regarding this advert 'This is a superb opportunity to acquire an established lingerie fashion boutique based in Shropshire - 447 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.