Rare Opportunity To Acquire Franchised Retail Outlet For Skincare, Bath And Body Products
one Of The First Of Now 2,000 Outlets for Sale
Leasehold : £ 395,000
The shop is located in the heart of an affluent Surrey town and is ideally placed with plenty of parking available. The premises are leasehold and were renewed 2 years ago for 10 years with a 5 year break clause. The shop is circa 720 square feet with a retail display area each and offices, storage and disabled facilities to the rear.
Rare opportunity to acquire franchised retail outlet for skincare, bath and body products
One of the first of now 2,000 outlets
Location : West Sussex
Asking Price : £395,000
This very well established retail business was established more than 35 years ago, in this location for 27 years and is one of the first franchises given by this famous and internationally reknowned brand for skincare, bath & body products. A major advantage for this business by comparison with later franchise outlets is the nature of its franchise agreement, where this franchise benefits from an earlier agreement, from the nascent years of trading, where the benefit of the arrangement between franchiser and franchisee favours the franchisee; this franchise does not pay rolyalties to the franchiser or fees but only a wholesale agreement for its extensive range of products, and all under the brand name f one of the UK’s best known high street brands.
The business is part of the history of this famous brand and the commitment of the franchiser to advertising, marketing and PR has resulted in very high consumer recognition and high levels of return custom.
The outlet is located on a busy and popular main thoroughfare in a modern retail centre, in an affluent and popular town in Surrey, with ample parking to cater for the many local residents who come to shop here every day. The business enjoys significant footfall and is a destination location for fans of the brand and are known to be ethical consumers, middle class, educated and while the brand appeals to all ages, customers are ostensibly female.
The shop is fully fitted in accordance with brand guidelines and has a lot of growth potential; this is one of two franchises that the vendor owns and is ideal for someone who can take it to the next level, particularly with an interest in using more local promotions to generate even greater levels of trading. Boasting a huge variety of branded products, this business is busy all year round.
||The shops are open Monday to Saturday 9.00am to 5.30pm and Sunday 10.30am to 4.30 pm and late night trading during holiday periods.
||The premises are leasehold and were renewed 2 years ago for 10 years with a 5 year break clause.
The rent per annum is circa £33,500 and the rates are circa £16,000. The rent is reviewed every five years.