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£0 £1000000

Ladies Clothing Boutique with E-Commerce Facility

Wakefield, West Yorkshire

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Archived

£74,995 +SAV

Ref: B05312

Leasehold

Overview

Please quote reference B05312

My Luna Boutique & www.lagenlookboutique.com

Hilton Smythe are delighted to welcome to the market twin businesses My Luna Boutique & Online sales company/website lagenlookboutique.com.

These are both well-established busy business that specialize in the sale of ladies unique internationally sourced clothing & accessories.

It is sought after by many customers because it is totally different to other high street retailers. The success of the businesses is proven and together they generate a turnover in the region of £192,000 per annuum.

My Luna Boutique

My Luna ladies Boutique has been established for over 12 years and has built up a sizeable clientele from near and afar which shows in its turnover.

The current owner has enjoyed the everyday running of the business but is not looking to retire, leaving a marvellous opening for a business opportunist.

The boutique operates in a marvellous location in the heart of Wakefield city centre with an abundance of footfall and local amenities.

Website

The website generates more than 50% sales online and is a massive part of the business being sold, the e-commerce facility is easy to use and add products. It sells goods online internationally and globally and is already very well established with thousands of subscribers and repeat customers.

Our client has built the reputation of this phenomenally successful and well-presented shop and website which has resulted in a very loyal client base often through word of mouth and recommendations.

We feel there is scope to increase turnover in both business by extending opening hours and employing more staff to increase the online sales/promoting the website over marketing platforms which would lead to increasing turnover substantially for both businesses.

This is an excellent opportunity for a new owner, perhaps a partnership to take the already thriving business to the next level.

Therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Turnover
The business reports a turnover for the last year of approximately £192,000.

Please quote reference B05312

The business is owner managed with 2 staff members.

Monday -Saturday 9.30-16.30

The business is located in the heart of Wakefield City Centre, the Website is run from the offices adjoined to the back of the Boutique.

The Business is surrounded by a wealth of complimenting Banks, Shops, Beautiful Cafes which benefit a high volume of footfall. The business benefits from a kitchen/utilities and private parking to rear.

Lagenlook Clothing Boutique By My Luna is situated in a large, double fronted, commercial property, with great eye-catching signage and is extremely well presented inside and out.  

The shop floor is kitted out to suit the trade.

Shop Floor consists of:

  • Clothing rails, glass shelving and display stands.
  • Seating area
  • Large window displays
  • Counter with till and card reader
  • Fitting rooms
  • Storage and office at the rear of the shop
The shop has CCTV, metal window shutters and an alarm system for security.

Tenure
5 years remaining on the current lease with an annual rent of £15,000

The business further benefits from being rates exempt.

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