Summary
- Asking price:
-
£25,000
- Sales revenue:
- £144,000
- Net profit:
- Available on request
- Years established:
- 16 years
- Employees:
- 2
- Relocatable:
- This business can be relocated.
Business description
This business has been established over 16 years, selling quality giftware and interior accessories, the company is restructuring at present, the other half of the business which is interior design will move to another shop,there is huge potential for a new owner to use the extra space such as selling furniture or clothes.
Property information
- Property:
- Leasehold
- Lease terms:
- A new lease for 20 years was arranged less than 2 years ago, with a 5 year rent review, and a 10 year get out clause.
- Location:
- excellant high street position , close to well known store.
Other information
- Expansion potential:
- A website could bring in more business, also small pieces of furniture, lamps etc. It has good potential, and is a good size shop to be able to do other things, there are no clothes shops in this town for woman as yet.
- Competition / Market:
- Very little competition, I have one of the better size shops in the highstreet, my products are also of high value and quality.
- Support & training:
- will give 2 to 4 weeks handover.
- Reasons for selling:
- trying to work and run two businesses are too complicated, I also have young children.
- Trading hours:
- mon to sat 9.30 to 5.30
- Furniture / Fixtures value:
- £13,000
- Inventory / Stock value:
- £15,000