Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
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Sold. Traditional Scottish Highland Dress Store Of Distinction Plus Speciality Jewellery/gift Shop

LISTING DETAILS
Firms For Sale ID:
25112
Vendor reference:
AH025
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£245,000  
Turnover / revenue:
£627,000
Net profit / cashflow:
Undisclosed
Years established:
16
Number of employees:
6

OTHER DETAILS
Reason for selling:
The present owner has successfully built-up this company and taken it to its existing profitable level; he considers that the company is now ready to be expanded further, so that the new owner would see this business through to its next enhanced level of operation.
Support and training:
The vendor is happy to provide a handover period, which can be negotiated prior to the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Traditional Scottish Highland Dress Store of DistinctionPlus Speciality Jewellery/Gift Shop

Ref.AH025
Location North East
Asking Price £ 245,000

This opportunity offers two well-established and profitable businesses; one producing tailored kilts in the finest tartans and also a gift shop providing a selection of unique high quality speciality jewellery with a Scottish flare by Scottish goldsmiths plus gifts, collectibles and accessories for all occasions. Whilst there is a broad range of products, the majority of sales are represented by the company’s fine stock of jewellery.

This business retails the finest quality traditional Scottish attire; the unique timeless elegance of the kilt and full Highland Dress, which is loved and admired. The business provides a truly World Class Standard of Service and Quality Highland Dress that are fully complimented by a complete range of accessories.

The kilts are hand made by a skilled kilt maker. The range of items includes full kilt packages, standard and casual kilts, women’s pleated skirts, highland dress accessories and sporrans, one of the most distinctive parts of any kilt outfit.

The jewellery/gift store is located in a thriving shopping centre that has over 300 retailers and leisure attractions and over 50 cafes and restaurants, open 7 days a week, late weekdays.

The company is a well-known independent stockist and has good control over its costs; stock is obtained quickly from suppliers, as and when required. The business is customer driven and has formed the first all inclusive giftware retailer of its type and created its own company motto.

The highland dress business was established in 1995 and has reinvested annually and grown over the years, and now occupies a first floor unit of approximately 850 square feet, which is ideally situated on a secondary mall between the bus interchange, rail stations, the multi-story car park and Marks & Spencer. Also the company trades at a unit of approximately 550 square feet on a ground main access level that leads to Lakeland, Pier and the Café in the Garden, a popular upmarket eatery in the town.

Expansion Potential
The business has experienced continual growth and has moved four times to facilitate this growth, becoming so popular it has expanded into a second shop in the locality and has the possibility of becoming a franchised operation around the country. Similar outlets could be opened at such places as York, London, Chester, and at Airports such as Heathrow.

With increased investment the business has great potential to promote the business more efficiently and is well supported in the region and local community.

Investment in computerised stock records could enhance the stock control and also buffer stock levels could be identified. More emphasise could be placed on the lucrative jewellery sales with the potential of increasing the turnover & profitability of these very nicely appointed store.