Dorset

An excellent opportunity to acquire an established and well-regarded independent clothing, footwear and accessories retail business, occupying a prime trading position in a popular and affluent coastal town in Dorset.

Established in its current form in 2018, the business opened following a complete refurbishment, creating a bright, modern and beautifully presented retail space in one of the town's busiest and most visible trading positions. It offers a carefully selected range of men's and ladies' clothing, footwear and accessories from a number of recognised, well-regarded brands.

The business enjoys a loyal following and strong repeat custom, supported by its excellent location, quality product range and the enduring popularity of the town as a year-round coastal destination. It is well known locally for friendly, helpful service and an excellent customer-service reputation.

Offered for sale as a genuine going concern and turnkey opportunity, the business benefits from an established customer base, experienced part-time staff and modern, fully fitted premises, allowing a new owner to continue trading seamlessly from completion.

Key features

Established independent clothing, footwear and accessories business
Trading in its current form since 2018, following a full refurbishment
Men's and ladies' clothing, footwear and accessories offering
Bright, modern and attractively presented retail space
Prime, high-footfall trading position in a sought-after coastal town
Strong local and seasonal tourist customer base
Loyal following and strong repeat custom
Carefully selected range of recognised, well-regarded brands
Recognised locally for excellent customer service
Experienced part-time staffing support
Genuine turnkey opportunity
Clear scope to grow online and social media sales
A complementary sister business is also potentially available by separate negotiation
Financial overview

Gross turnover: circa £160,000
Adjusted net profit: circa £25,000
Tenure: leasehold
Lease: 15-year lease with approximately 7 years remaining
Stock: approximately £32,000, available in addition at valuation
Asking price: offers in the region of £97,000 plus stock at valuation
The business would suit an owner-operator, lifestyle purchaser, existing independent retailer, relocation buyer or husband-and-wife team seeking an established coastal retail business with genuine scope for growth.

Growth potential

There is clear scope to develop the business further through expanded online and e-commerce sales, increased social media engagement, improved search engine optimisation, email marketing, seasonal ranges, partnerships with local accommodation providers, and wider tourism-led marketing. The business has historically focused on traditional in-store retail, leaving an incoming owner well placed to build additional online revenue.

Reason for sale

The business is offered for sale due to the owners' planned retirement.

Next steps

All enquiries are strictly confidential. To receive the full Information Memorandum and arrange a viewing, please contact Goodwins Business Brokers to register your interest and put a Non-Disclosure Agreement in place. Interested parties are asked not to approach the business or its staff directly.