Business description

TOP QUALITY TROPHY AND ENGRAVING BUSINESS Established in 1982 by the current vendors the business supplies engraved trophies to many clubs and leagues, covering many sports including football, golf, darts, bowls, netball, cricket, fencing, karate, table tennis and majorettes. The customers primarily come from within a twenty mile radius and many are regulars, with one league coming back for over twenty years! The business is run from home and is completely re-locatable within a twenty mile or so radius of the existing location. Catalogues supplied by the wholesale trophy companies are sent to prospective customers and they are also able to view the trophies at the vendor's home. No advertising has been carried out and there is no internet presence. The vendor's are happy to have a hand over/training period. TENURE: Tenure to be advised Potential: There is huge potential as the business has carried out no advertising and the internet would open many new opportunities yet untapped. Stock: To be purchased separately at valuation: Approximately £4,000. Turnover: Accounts show a regular annual turnover in excess of £35,000 with a gross profit of 54%.

Property information

Property:

Freehold

Lease terms:

Tenure: We are informed that there is in excess of two years left on the lease, which is renewable under the Landlords and Tenants act, with a rent of £15,750 pa.

Location:

Property: Large lock up workshop with shutter to front, toilet and storage above.

Other information

Reasons for selling:

The vendors wish to retire.

Trading hours:

7.30 am to 4.00 pm Monday to Friday.

Financing available:

The business should readily support loan finance subject to status. For further information please contact Dedman Business Sales.