Kevin Frampton, who previously managed the store, becomes owner of the franchise, signing a lease for up to six years at the site.
The purchase secures five jobs as its new owner pledges to continuing offering a high quality of service for the local community.
Kevin, who is from South Shields, was assisted by North East law firm PG Legal in acquiring the business and new lease for the property. He said: “This store has great potential and an already established and loyal client base. I am passionate about providing for the local community and retaining jobs within our town.
“Our clients often really benefit from coming into store and receiving a face-to-face, first class service and we know that local people still like to shop local. We always receive excellent feedback and our priority always that our customers leave the store with the best deals and service, and a smile on their face.
“PG Legal provided a great service and were really supportive. They worked quickly and efficiently to help me turn around the purchase and lease within a short timeframe.
“I am really impressed with how business is going, and I am looking forward to supporting the people of South Shields with job and sponsorship opportunities. Now everything is up and running I hope to give back to the community by sponsoring a sports club or local charity.”
Phil Dean, director at PG Legal said: “We are always proud to support local SME’s, start-ups and entrepreneurs. These businesses are incredibly important to our local economy and local communities.
“Kevin is a fantastic businessman and has pledged to maintain a fantastic and established brand within South Shields town centre. Agreements like this futureproof the local high street and encourage other vendors to occupy surrounding units. We look forward to continuing our relationship with Kevin and are happy to play a small part in his success.”
Kevin is set to expand the business and will look to acquire another franchise in Washington within the next few weeks, securing a further eight jobs.