Shop for saleNalders Court, Truro, Cornwall, TR1
- Business for sale
- Use class orders: A1 Shops
- Well established
- Benetton Global Brand
- No franchise fees or commissions
- Prime location
- Scope for on-line sale
- Ideal starter business
Benetton Franchise For Sale In Truro
This respected Benetton Franchise is located in a prominent position in Truro town centre close to the Cathedral and shoppers' car parks. Truro is the hub and capital of the county and an ever expanding town with further expansion plans in both the east and west of the city. This small city is vibrant and enjoys many visiting tourists and boasts a string of blue chip retailers .
Asking Price: £69,950 plus SAV
Original term: 10 years
Remaining: 8 years
Rent: £19,000 pa
Rates: £ 9,800
Veritas Business Sales are delighted to offer for sale this established Benetton Clothing Franchise concern located in Truro. The business has been established since 1988 and has been in the careful hand of my clients for the last 8 years and is reluctantly being offered for sale due to them wanting to relocate closer to family. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of only 1 part time member of staff, turnover available on application with a GP of (45%). They are the only Benetton Franchise in the South West and retail Ladies & Children's clothing and have the support of this well known global brand with no fees applicable. We believe that there is further potential to increase turnover maybe adding a website for on-line sales and the first floor is currently sub-let but could be used for additional retail space. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Monday - Friday - 10.00am - 5.00pm
Saturday - 10.00am - 6.00pm
Sunday - 11.00am - 4.00pm
Retail shop comprising: display tables, clothing racks, hangers, shelving, branded posters & signs, sales desk with cash register and fitting rooms x 3.
Retail area currently sub-let for (£550 PCM)
Stockrooms x 3
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