Theatrical Costumes & Vintage Wear Hire in Milton Keynes For Sale

Warehouse located on a farm BUCKINGHAMSHIRE. MILTON KEYNES

Turnover £ 1,000
Price £19,500

Features

Theatrical Costumes, Vintage Wear & Fancy Dress Hire

ESTABLISHED 30 YEARS

4 DAYS OPENING

WAREHOUSE PREMISES in the region of 1,200 ft² storage holding around 7,000 costumes mounted on rails and racking. There is an additional 60 costume boxes and 6 containers holding accessories and more obscure garments.

A theatrical costume, vintage wear and fancy dress hire business, currently operating as a sole trading business.

Admiral Costumes has been trading under the current ownership since 2012, having a history dating back over 30 years. The business has a stunning collection of costumes with many hard to find accessories. The majority of shows and plays can be costumed directly from stock, however, the current owner does offer a level of bespoke services.

The business attracts clientele from across the UK and occasionally into Europe, supplying full costumes for many popular shows in film, TV and theatre including Les Misérables, the Sound of Music and Guys & Dolls, to name just a few. This year already over 30 professional and amateur perfromances and companies have already been supplied giving an established live order book into 2023. In addition, the fancy dress, private party costume and on-line market is bringing a new revenue source.

The current operation is run on a part time sole trader basis but is an ideal platform to be developed to suit almost any lifestyle. This now becomes an exciting opportunity for the purchaser to enjoy and push the business forward as there is good growth potential and diversification possibilities.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. The business is ripe for development, offering excellent potential to increase the value. There is an active database of customers, a website, Facebook page with potential for on-line purchasing.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff as required.

Trading Hours

4 Day week
TUESDAYS & THURSDAYS 10 a.m - 4 p .m
ANY OTHER DAYS BY APPOINTMENT ONLY

Outside

Shared parking

Tenure

Yealy licence £8,800 pa. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND OFFERED FOR SALE DUE TO INVOLVEMENT IN ANOTHER BUSINESS AREA, THE OWNER IS NOW UNABLE TO DEVOTE THE TIME REQUIRED TO FULLY MAINTAIN THE OPERATION AND GROWTH OF THIS BUSINESS

Price

TO INCLUDE THE LICENCE, GOODWILL, FIXTURES & FITTINGS £19,500 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.