Description

DESCRIPTION AND ACTIVITY This spacious store is the specialty store for trendy and quality comfort shoes and (basic) orthopedic shoes. The offered collection offers a wide choice of contemporary fashion for women and men. In addition to shoes, the store also sells leather goods: small leather goods, book bags, backpacks, suitcases, ... Currently no children's shoes are sold, nor made-to-measure shoes. As usual in the sector, there are no fixed contracts with suppliers. No real exclusivity is given, but most brands can no longer be sold by 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, working with different "corners". The turnover constantly fluctuates around 1.000,000 EUR, with an average margin of about 40%. A total of 5 full-time persons are active in this business. LOCATION The company is located in East Flanders, in the Meetjesland region, in a very commercial location. The entire building is owned by the family (partly through the BV - partly private).
The retail area is approximately 440 sq.m. Behind the building is the warehouse of the business, with an area of approximately 520 sq.m. There is ample parking around the building. The entire building - which in addition to the store also includes a number of apartments & garages - can - if desired - be purchased along. If the building is not purchased, a new commercial lease can be concluded for the store + 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 store in time.

TO TAKE OVER As far as the store is concerned, the objective is to take over the trade fund, consisting of the entire store and window fixtures, all the office equipment, warehouse equipment, software & hardware + the goodwill + the inventory. A very feasible takeover price is envisaged.

The sellers are willing to continue working for the acquiring party temporarily after the takeover, in order to guarantee continuity. The period and modalities in which this can happen are negotiable. All takeover modalities are negotiable. Interested? Please contact us and we will provide all details.