- Advert ID: 548410
- (Seller ref: HW1288)
Personalised Giftware, Trophies & Engraving Shop For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Hampshire
- > South Hampshire City Centre
- Category:
Listed by:
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Summary
- Asking price:
- £180,000
- Sales revenue:
- £283,290
- Net profit:
- < £100k
- Years established:
- 10
- Employees:
- This business is operated by a husband and wife plus 3 full-time & 1 part-time employees.
Business description
PERSONALISED GIFTWARE, TROPHIES
& ENGRAVING SHOP
LOCATED IN SOUTH HANTS CITY CENTRE
SPACIOUS RETAIL AREA WITH EYE CATCHING DISPLAYS
WELL EQUIPPED WORKSHOPS
EXPERIENCED AND TRAINED STAFF
NEW 12 YEAR LEASE
TURNOVER £283,290 with GP of £174,208 (61%)
The business was established and has been operated by the present owners since 1981. In addition to healthy retail sales captured from passing trade, the Vendors have also established strong trading relationships with neighbouring businesses, social and sports clubs for retirement and recognising sporting and commercial achievements. Not only are trophies, cups, medals and shields supplied and engraved but an impressive selection of crystal and glassware, figurines, models and photo frames for example, are also supplied and personalised on the premises. Products are accurately engraved or personalised by experienced, well-trained staff using computer-controlled equipment.
Property information
- Property:
- Leasehold
- Lease terms:
- The premises are secured by a new 12 year lease at an annual rent of £16,000 with three-yearly rent reviews.
- Location:
- Situated on a main road leading into a South Hampshire city centre, with free on street parking plus local car parks.
Other information
- Reasons for selling:
- Retirement.
- Trading hours:
- Monday - Tuesday, Thursday - Friday 9.15am - 6pm. Wednesday & Saturday 9.15 am - 5.30 pm.
- Financing available:
- Adams & Co (Hampshire) have working relationships with the local Commercial Managers of both NatWest & HSBC
- Inventory / Stock value:
- £35,000
Contact the seller
need to search again?
- United Kingdom
- > England
- > South East
- > Hampshire
- > South Hampshire City Centre
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