Total of 18659 firms and businesses for sale today Sunday 12th May 2024
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Business For Sale. Party And Fancy Dress Shop

LISTING DETAILS
Firms For Sale ID:
24951
Vendor reference:
AO052
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000
Stock included.
Turnover / revenue:
£188,000
Net profit / cashflow:
Undisclosed
Years established:
13
Trading hours:
Monday – Friday: 9.30 am-5.30 pm Saturday: 9.0 am -5.30 pm
Number of employees:
5

OTHER DETAILS
Reason for selling:
The current owner is looking to relocate, probably to France and is also planning to start a family.
Support and training:
A full handover and any necessary training will be available to ensure continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business has a lease with five years to run.Annual rent on the property is £38,000
 
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BUSINESS DESCRIPTION
Party and Fancy Dress Shop

Ref.AO052
Location S.E.London/Kent
Asking Price £ 150,000

This business has been a retailer of party goods and fancy dress wear at this first class town centre location for over thirteen years. The business offers a comprehensive range of party services. These include; Venue decorating, balloon decorating, helium gas hire, themed party tableware, banners, fancy dress outfits and accessories, wedding decorations and a turnkey corporate event service.

The business continues to flourish mainly due to its ability to deliver successful events and items to ensure a whole range of celebrations are enjoyed to the full. It seems that there is a growing desire to fully celebrate all birthdays, engagements, weddings, anniversaries, christenings and retirement.

The current owner worked for five years for the previous owner, before buying the business. She has in turn helped to take the business further. The owner and her team are bubbly, enthusiastic people who communicate enthusiasm for the business and their lively personalities are definitely an asset to the business.

Expansion Potential
The online route is something that should be prioritised. Either an investment in online marketing or adding ecommerce functionality would follow successful strategies adopted by competitors. Expanding the business to include either entertainment or catering services would also allow the business to grow organically.

Marketing to the corporate market also needs to be introduced.