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Blacks Brokers are delighted to bring to the market this e-Cigarette retail outlet located in the Oldham area of Greater Manchester.
E-Smoke has been trading from this location since 2013. Oldham is located approximately 5 miles from Rochdale and 7 miles from the north east of Manchester.
Lord Street is located right in Oldham’s Town Centre and is surrounded by offices and shops both independently owned and large high street names. The Oldham outlet is better accessed by foot which suits the business ideally due to its prime location, Lord Street is an incredibly busy area as one would expect. The outlets is fitted to a high standard with a sales counter and an open plan display area with small individual displays. The main displays are under glass topped units with stock behind the counter. The overall feel to the outlet is one of style and sophistication which adds an additional perceived value to the products on sale. In addition, there is a stock room to support the sale area.
A total of six staff are on board, three of which have been with the company for some time adding superb continuity for the new owner.
Financially, the business is trading solidly and delivers strong gross profits at 66%, there is a healthy net profit. The business is gaining momentum and is showing a healthy growth in turnover. The business benefits from regular and repeat custom. The Lord Street location enjoys an abundance of passing trade due to its location. A new owner could certainly take a more hands on approach to add an extra dimension to the business and push it forward on to the next level.
Early viewings are advised as a speedy completion is anticipated for this location trading strongly in this fresh and exciting market place.
For more information about this property, please contact Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)
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