Established Children’s Shoe Shop in Shropshire

Ludlow, Shropshire
REF: R06691

Asking Price:
£35,000
Annual Turnover:
£111,186
Annual Net Profit:
TBC
Featured
REF: R06691

Overview

Tenure:
Leasehold
Established:
TBC
  • No competition
  • Longstanding in community
  • Excellent reputation
  • Large selection of shoes
  • Huge scope for growth

Established in 1992, the business for sale is a reputable children’s shoe shop in Ludlow, Shropshire.

The retailer has obtained an excellent reputation within the town for its wide selection of shoes and friendly, professional service. The store specialises in fitted children's shoes and stock shoes from Start-Rite, Geox, Primigi, Bobux, etc. In addition, they also stock clothing from Joules and Hatley.

This is an excellent shoe retail opportunity which fills a huge need within its location, being the only business of its kind in the town. The business is now for sale on a leasehold basis.

The business stocks a great selection of children’s shoes for all ages: from babies to teenagers. There are summer sandals, flip flops, warm winter footwear, wellies, school shoes or slippers from a selection of both British and international brands.

The quaint shop is set on a busy high street; 3 steps lead to the entrance of the store which is comprised of one room and two small storerooms. To the rear of the floor is where the stock is held which also accomodates a staff toilet. There are various shoes stands displaying the collections and the till and counter is placed at the back of the shop.

All stands, displays, till and various items of shelving in the stock room is included in the sale.

The current owner is willing to stay on for a transitional period, if needed.

Intelligent is excited to offer the opportunity to purchase a longstanding business concentrating primarily on children's quality branded footwear.

This is a great business and opportunity for someone to take it to the next level. Trading for over 20 years, the business has built up an enviable reputation, and benefits many solid relationships with shoe brands and stock wholesalers. This opportunity is a possible bolt-on for an existing operator, or an existing brand looking to get into Ludlow.

Despite firm foundations set, there are ways to grow the business further.

The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media, online platforms as well as locally through advertising, the business could boost exposure to its services and effectively attract more customers.

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  • Located in market town of Ludlow
  • Placed in a picturesque corner
  • High local and tourist foot fall
  • No competition
Rent
£9,500
Rates
TBC
Lease Term
3
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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