Bennetts Department Store | Business For Sale

Thursday, 24th January 2019
bennetts department store interior

Business For Sale

Bennetts (Irongate) Limited – In Administration

On behalf of the Joint Administrators, Paul Mallatratt and Louise Freestone of Bridgewood Financial Solutions Limited, this is a unique opportunity to acquire the business and assets of a long-established independent department store in Derbyshire

Summary of the Business

  • Reputedly the world’s oldest department store, first established in 1734
  • Location – Derby (16,000 sq ft) & Ashbourne (7,000 sq ft)
  • Leasehold properties – Both landlords have also expressed a willingness to consider offers for the freeholds
  • Number of Employees – 26 in Derby and 14 in Ashbourne
  • Independent prestigious department store with a wide selection of big-name quality brands across outdoor clothing, ladies fashion, cookware, home furnishing,
    giftware, cosmetics and fragrance
  • Tea rooms – 50 Covers
  • Current stock holdings at cost – Derby £271,525 Ashbourne £184,000
FinancialsProfit & Loss, Period 01.01.18 - 31.12.18Statutory Accounts Year Ended 31.01.18Statutory Accounts Year Ended 31.01.17
Turnover£1,782,813£2,174,181£2,374,404
Gross Profit£747,740£936,326£1,016,604
Gross Profit %41.94%43.06%42.81%
Tangible AssetsN/A£142,912£169,358
No of EmployeesTBA4647
Bennetts interior derby department store
Ashbourne department store photos

For further information and to request a non-disclosure agreement please contact the Joint Administrators via: [email protected]

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