Summary
- Asking price:
-
£95,000
- Sales revenue:
- £200,000
- Net profit:
- Available on request
- Years established:
- 10
- Employees:
- 3
Franchise terms
Full prospectus information available
Business description
A major transformation of the Bloomsbury area of London means that the area is booming with tourism, students, industry and commuters bringing a new vitality and growth in commerce in the area.
Coinciding with this upturn in the local economy is the opportunity to acquire the Bloomsbury Snappy Snap franchise which is now for sale having been under the same ownership since it opened in 1998.
Property information
- Property:
- Leasehold
- Lease terms:
- £30,000 pa rent
- Location:
- Prime location on Marchmont Street in Bloomsbury this corner site has that all important high visibility location which combined with the Snappy Snaps striking branding means the business is virtually unmissable.
Other information
- Expansion potential:
- It is typical of a business that has been under the same ownership for 10 years insomuch as there are many opportunities to develop and move the business on to the next level that are simply not being exploited by the current owner. A new Franchisee putting in place the whole panoply of the Snappy Snaps marketing activity and product offerings will make a substantial impact on the business and have the opportunity to make a substantial return on their investment.
The business is at a very competitive price to attract an early sale
- Competition / Market:
- With the move to digital photography this is one of the few brands to be ahead of the market
- Support & training:
- Full franchisor support and Training
- Reasons for selling:
- Now seeking to move on to different challenges and other business interests
- Trading hours:
- Usual retail hours
- Website:
-
www.franchiseresales.co.uk