Trophies Medals & Engraving Business For Sale

Business description

We are pleased to have been instructed to offer to the market this extremely well established and profitable trophy business.

Founded approximately 25 years ago and in the hands of the current vendors for over 8 years, the business is now reluctantly being offered for sale to enable them to pursue a totally unrelated business opportunity.

The shop supplies trophies, medals, rosettes and shields for many/any sporting events.

In addition, they also engrave them or have them renovated or cleaned. They can also engrave jewellery.

The business has a large repeat customer base including colleges, schools, motor dealerships, city councils etc. There is also a website available.

The vendor is prepared to assist a new purchaser for a period of time to ensure a smooth handover and familiarisation of the business.

ref:8679GL

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 2 years
Remaining lease: 2 years
Review every: 2 years
Rent: £11,520 per annum, includes services charges

We are advised that the annual business rates are currently: £670

Living accommodation:

Large ground floor lock up premises. Very attractive window display with side entrance door into main sales area with 2 centre glass gondolas. Shelved displays around side walls with storage drawers under. Counter with till at rear with display under. Through to large prep rooms with engraving machines and 2 desks Through to rear office, with exit door to shared wc in lobby and then car park with 1 allocated space to shop. Further 2 rooms at the rear for storage

Location:

The business is ideally located in the very heart of Gloucestershire with large volumes of passing traffic on foot and in the car. The whole area is due to be redeveloped over the next few years which will increase its profile considerably, with many tourists and city dwellers attracted to the regenerated docklands.

The shop is on a parade of complimentary businesses who all contribute in attracting potential customers to the area.

The park and ride bus stop is only approximately 100 yards away. Nearby are large numbers of offices such as accountants, solicitors and architects. The college is an approx 5 minutes walk away.

Other information

Expansion potential:

The premises are large and there are 2 rear offices which could be sub let to produce good rental income.

For a small investment, the shop could offer a key cutting service.

Trading hours:

Mon – Fri: 9.30am – 5pm, Sat: 9.30am – 1.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars

Contact the seller