ID : 37596
Rare opportunity to acquire established Bodyshop Franchise
One of the first of now 2,000 outlets
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 UK’s 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.
Key Strengths:
Location
Brand fame & recognition
Favourable franchise agreement
No franchise fees
No royalties
Assignable franchise agreement
Franchise agreement in perpetuity
Profitable
Key Opportunities:
The new owner has the opportunity to grow the business even further by introducing a more aggressive local sales and marketing strategy to take the business on to a new level.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Current Turnover circa £378,630
Net profit circa £91,504
Gross profit circa £198,596
Stock Value circa £20,000
The Asking Price is for the Goodwill Stock & Assets. Stock is estimated at being circa £20,000. There will be a £ for £ adjustment to the asking price to reflect any rise or fall in final stock position at completion.