Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
Sold. Rare Opportunity To Acquire Established Bodyshop Franchise
LISTING DETAILS
Firms For Sale ID:
34815
Vendor reference:
CQ199
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£280,000
Turnover / revenue:
£378,630
Net profit / cashflow:
£91,504
Years established:
1982
Trading 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.
OTHER DETAILS
Reason for selling:
The owner would like to sell this business on due to other commitments.
Support and training:
The owner is happy to train and handover the business to the new owner.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
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 recently 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 GBP 33,500 and the rates are circa GBP 16,000. The rent is reviewed every five years.
BUSINESS DESCRIPTION
Rare opportunity to acquire established Bodyshop Franchise
One of the first of now 2,000 outlets
Ref. CQ199
Location : West Sussex
Asking Price : GBP 280,000 plus SAV
This very well established Bodyshop franchise 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 franchisor and franchisee favours the franchisee; this franchise does not pay royalties to the franchisor or fees but only a wholesale agreement for its extensive range of products, and all under the brand name of The Bodyshop one of the UKs best known high street brands.
The business is part of the history of this famous brand and the commitment of the franchisor 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.
Market / Competition / Non-Competition Agreements
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 franchisor engages in regularly, building fame and recall.