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Rare opportunity to acquire franchised retail outlet for skincare, bath and body products
One of the first of now 2,000 outlets

Ref. CQ199

Location : West Sussex

Asking Price : £395,000

Turnover : £430,000

Net Profit : £100,000

Gross Profit : £180,000

EBITDA : Undeclared

Net Asset : £30,000

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Leasehold

Asking price: £395,000  plus SAV

Business highlights includes:

Current Turnover circa £430,000
Net profit circa £100,000
Gross profit circa £180,000
Stock & Equipment Asset Value circa £30,000
35 years successful trading
Asset sale
A1 trading zone set within modern shopping centre
Easy access and plentiful parking
Famous product range
Very well established
Well established customer base
2nd tier management structure
Assignable & perpetual franchise agreement
Training and handover
Goodwill

Business Profile

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.

Key Strengths:

Location
Brand fame & recognition
Favourable franchise agreement
No franchise fees
No royalties
Assignable franchise agreement
Franchise agreement in perpetuity
Profitable

Key Opportunities:

The new owner has the opportunity to grow the business even further by introducing a more aggressive local sales and marketing strategy to take the business on to a new level.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Current Turnover circa £430,000
Net profit circa £100,000
Gross profit circa £180,000
Stock & Equipment Asset Value circa £30,000

The Asking Price is for 100% of the assets of the company based on Net Assets being circa £30,000. There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net asset position  at completion.

Advertising and Marketing:

The business promotes itself on the website for the  shopping centre in which it is situated, in local magazines and on Instagram; of course it also benefits from the significant global promotion and marketing that the franchiser engages in regularly, building fame and recall.

Premises:

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.

The rent per annum is circa £33,500 and the rates are circa £16,000. The rent is reviewed every five years.

Business Hours:

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.

Support and Training :

The owner is happy to train and handover the business to the new owner.

Reason For Sale

The owner would like to sell this business on due to other commitments.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk