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2 Excellent Trading Locations
Weekly Takings £2,000
Strong Gross Profits Of 66%
Businesses Being Offered To Be Sold Individually
Ideal Owner Operator Business
EPC - E
Blacks Brokers are delighted to bring to the market a pair of leasehold e-Cigarette retail outlets located in the Oldham area of Greater Manchester.
E-Smoke has been trading from these two locations since 2013. 56 High Street, Lees is slightly more established since it began trading in 2013 and the Lord Street, Oldham location started trading 6 months later due to customer demand.
Oldham is located approximately 5 miles from Rochdale and 7 miles from the north east of Manchester. Lees is a village within Oldham which lies amongst the Pennines east of the River Medlock.
E-Smoke trading at 56 High Street operates from this single fronted unit which benefits from nearby on road parking. This outlet is located right in the heart of this sizeable village. 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. Both outlets are 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 outlets is one of style and sophistication which adds an additional perceived value to the products on sale. To support the sale area is a stock room at each location.
Staffing is currently shared between both outlets and 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 and certainly the Lees branch enjoys plentiful repeat sales. 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 these two locations 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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