Meetjesland: specialty store for shoes & leather goods

Asking price Price on request

Financial data

Turnover / Revenue €1,000,000.00

DESCRIPTION AND ACTIVITY Atmosphere
This spacious store is the specialist retailer for trendy, high-quality comfort shoes and (basic) orthopedic shoes.
The collection offers a wide selection of contemporary fashion for both women and men. In addition to shoes, leather goods are also available: small leather goods, book bags, backpacks, suitcases, etc.
Currently, no children's shoes or custom-made shoes are sold.

As is customary in the sector, there are no fixed contracts with suppliers.
No real exclusivity is granted, but most brands cannot add any new points of sale.
The store does have exclusivity for SAMSONITE in the wider region.

The business was founded in 1924 and is now in the hands of the third generation.
In 2007, the store was completely renovated according to a modern and stylish concept, with different "corners."

Turnover fluctuates constantly around EUR 1,000,000, with an average margin of approximately 40%.

A total of five full-time employees work in this business.

LOCATION
The company is located in East Flanders, in the Meetjesland region, in a highly commercial location.
The entire building is owned by the family (partly through the BV - partly privately).
The retail space covers approximately 440 m².
Behind the building is the company's warehouse, with an area of approximately 520 m².

There is ample parking space around the building.

The entire building, which includes a number of apartments and garages in addition to the shop, can also be purchased if desired.
If the building is not purchased, a new commercial lease agreement can be concluded for the shop + the warehouse + the office space.

REASON FOR SALE
There is no family succession
and so the family wants to start looking for a future for the shop in good time.

TO BE TAKEN OVER
With regard to the shop, the aim is to take over the business, consisting of the entire shop and window display, all office equipment, warehouse equipment, software & hardware + goodwill + stock.

A very feasible takeover price is proposed.

The sellers are willing to continue working for the acquiring party on a temporary basis after the takeover in order to guarantee continuity. The period and terms under which this can happen are negotiable.

All acquisition terms are negotiable.

Interested?
Please contact us and we will provide you with all the detailed information.

Location
Oost-Vlaanderen
Number of employees
5
Active since
1923
Real estate included
No
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

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