Showing posts with label Retail. Show all posts
Showing posts with label Retail. Show all posts

Award Winning Footwear Retailer Sold to Private Buyer



Knightsbridge Business Sales have successfully completed the sale of a national award-winning children’s footwear retailer.

Heavenly Soles, trading as Stampede, was established over 10 years ago and has since accumulated a large database of customers, and built a strong online and social media presence. The business has also been recognised by the footwear industry after having been voted as the UK's leading Children's Independent Footwear Retailer 2014, as well as winning other awards previously.

Stampede offers a complete range of stylish children’s footwear and clothing including school shoes, trainers, and a whole host of accessories. Stocking an extensive array of items from over 30 different brands from all over the world, the business caters to children from newborn to 13 years of age.

The store is based in Tunbridge Wells, Kent, and occupies a very prominent trading position in the heart of the busy town centre, thus benefitting from passing trade. The business also holds an excellent reputation and a high number of regular, repeat, and referral custom thanks to its extremely knowledgeable staff.

Knightsbridge were instructed to sell the business as the vendor was looking to pursue other business interests. Knightsbridge generated a fair amount of interest, with two viewings arranged, out of which an offer was made and accepted. The business was sold to a private buyer for £57,370. The buyer intends to take over and manage the store whilst retaining the original full and part time staff.

Knightsbridge Complete the Sale of a Comic/ Bookshop Retailer

A comic and book retailer in Todmorden, Lancashire, has been sold by Knightsbridge Business Sales.

Border Bookshop was established in 1980 and offers a variety of stock including children’s books, annuals, magazines, sports books, and British comics.

Our client decided to instruct our services to pursue retirement and the team at Knightsbridge completed the sale just 9 months after the business came to the market. The freehold investment property and business was sold for £145,000 and purchased by a private buyer who intends to grow the business.

Knightsbridge negotiator, Laura Simpson handled the sale of the bookshop and would like to wish the vendor all the best for the future and hopes that they enjoy a well-earned retirement.

In dealing with Knightsbridge, our client said: “I would just like to thank you for your hard work in making sure that the sale went ahead. I have no hesitation in recommending Knightsbridge to anyone looking to sell their business in the future.”

To read a full testimonial from our client, please click here.

A Designer Bridal Boutique Has Been Sold

Offering a cutting-edge selection of designer wedding dresses, The Dress Bridal Wear has been sold for £60,000.

The bridal shop, based in Teddington, Middlesex, was established in 2007. The business offers wedding dresses, shoes and accessories as well as alteration and fitting services. The boutique has built an excellent reputation in this sector and the large number of word of mouth referrals has customers travelling from all over the UK to visit the boutique.

The business was purchased by Mr and Mrs Prince and the sale was completed within 3 months which all parties had aimed for.

Popular Pretzel Franchise Sold

Knightsbridge Business Sales are pleased to announce that Auntie Annie’s, a Pretzel Bakery Franchise, based in Woking has been sold within 8 months of coming to the market.

The pretzel franchise is a well-known name with a worldwide reputation as the world’s largest soft pretzel retailer with well over 1,500 locations in over 30 countries. Auntie Anne’s Woking boasts a great trading location on the busiest walkway within the local shopping mall.

Our client had chosen to sell the business in order to pursue other business interests. The incoming buyer will continue to work with the franchise as well as retain the original staff.

Birmingham based card & gift shop successfully sold

Birmingham based card & gift shop, Sugar ‘N’ Spice Limited, has been successfully sold to new owners by Knightsbridge Business Sales.

Over the last 14 years the business has steadily developed an enviable reputation, resulting in a large local loyal customer base with the nearest competitor situated approximately 2 miles away.

The shop supplies a wide range of products such as greetings cards, specialty scented candles
and box sets, picture frames, and a host of party accessories.

The business was bought by private buyer Gerald Ingram who intends to work within the business full time. Mr Ingram was one of 13 interested parties.

Staffordshire based Sports and Schoolwear Retailer Sold

Well established sports and schoolwear retailer John Warrilow, based in Rugeley, Staffordshire, occupies a prime trading position within the town centre and offers a large product range catering for various sports such as, football, rugby, cricket, snooker and much more. 

Having instructed Knightsbridge to sell the business, the vendors took full advantage of their location, putting a “For Sale” board in place to attract high levels of interest in addition to website advertising. Mr Craig, a private buyer, saw the scope for development in this business, and acquired John Warrilow for £110,000 in August 2012. 

Samantha Wright on the negotiation team advises that is was a pleasure to work with both parties, and thanks them both for playing their part in ensuring a smooth and easy transaction.

Horncastle Office Supplies Sold by Knightsbridge

Horncastle Office Supplies in Horncastle, Lincolnshire has been sold by Knightsbridge to a trade buyer  in a genuine retirement sale for the current owners who founded the business in 1996. 

Providing a diverse client base, and huge scope for development, the new owner purchased the business as part of an expansion of their current business. 

Experienced deal negotiator Leanne Boulding was able to achieve a high number of viewings, and several offers on the business, finally completing on a deal in July 2012. She would like to wish our client a very happy retirement.

The Bakers Dozen sold by Knightsbridge

The Bakers Dozen in Somerset has sold to new owners having been marketed by Knightsbridge. The business is a 3 brand retail / wholesale bakery operating on busy main road loacations with a wholesale customers base throughout Somerset.

The business has operated successfully in the area since 1978 and was sold reluctantly by our client.

Knightsbridge have successfully sold a number of food related businesses in recent months. To discuss selling your business with Knightsbridge please visit www.knightsbridgeplc.com