Business for Sale in England: West Sussex - OUTSTANDING RETAIL OPPORTUNITY IN HORSHAM, WEST SUSSEX - Leasehold: £275,000

Key Information

Ref
M34037T
Type
Retail Businesses: Cosmetic Shops
Location
England: West Sussex
Tenure
Leasehold
Status
For Sale
Annual Sales
£380,000 Ex Vat
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Established in 1976, The Body Shop now has more than 3000 stores around the world in 66 different countries. In the UK, there are more than 200 branches and most of these are now company owned so this is truly a rare opportunity to purchase a Body Shop franchised store and become part of a prestigious global brand.

The shop is situated in the centre of Horsham, an affluent area with a growing population and a vibrant town centre with a wide range of national and independent traders as well as a thriving café and restaurant culture. The Body Shop has an excellent position within the Swan Walk shopping centre close to Marks & Spencer and Boots, and there is steady footfall in the area. The modern spacious unit is very well equipped for the trade and provides an ideal display space for the colourful and appealing product range.

In principle, there are no specific requirements for the new franchisee although some previous retail experience may be beneficial and, of course, an understanding of the ethos of The Body Shop. We understand that there are no franchise fees or royalties payable just the requirement to exclusively sell products from the Body Shop range. In fact, there are approximately 1000 cosmetic and beauty products in the range and these are all inspired by nature and ethically made.

The vendor’s family have held the Horsham franchise for more than 35 years since the early days of the company but a decision has reluctantly been made to sell for personal reasons which will be explained to potential buyers. However, the current owner has confirmed that she will be pleased to offer handover training and assistance to the new owner in order to ensure a smooth transition following the sale.

Draft Accounts for the year ended 31st March 2019 show Annual Sales of £383,697 with a Gross Profit of £196,043 and a Net Profit of £94,276. Further detailed financial information will be available on request after a viewing of the business. Please note that viewings are by appointment only and must be arranged through EM&F.

Leasehold £275,000 Ref: M34037T

Full sales details available at www.emfgroup.com

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02