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Streamers - FPB186

1/1Streamers - FPB186




In an ideal world the reason for buying a business (other than to make money!) should surely be to have fun and there is perhaps no more likely business to achieve that aim than this one! During that time not only has the successful ‘one stop party shop’ retail based operation become widely known but alongside the day to day business the owner has also developed a complementary specialist balloon supply and venue decoration service targeted at weddings, parties and celebrations that is in great demand.

This opportunity is unlikely to remain on the market for long so an early consideration is therefore highly recommended.



Property:
Leasehold
Lease terms:
New Commercial Lease (Option to buy outright)
Location:
Streamers is conveniently located in Fore Street, Kingsbridge.

Kingsbridge is a sought after and popular coastal market town in the heart of the South Hams, a popular holiday destination with a huge choice of things to do and see boasting a varied selection of shops, restaurants, cafes and pubs. The area is widely regarded for leisure, yachting, watersports and marine activities. Lying equidistant from Plymouth to the west, Torbay to the east and sheltered by Dartmoor to the north, the South Hams enjoys one of the mildest climates in Britain. Streamers
is only a short walk from the main bus terminus and quayside car park at the head of the Salcombe to Kingsbridge estuary.
Premises details:
The business is located at a point midway on Fore Street in Kingsbridge occupying basement premises which includes a main retail display area with changing room, storage zone for costume hire, retail counter, small store/office and WC.

The long leasehold property is available by separate negotiation with an asking price of £80,000
Size in square feet:
42.3 m² / 455 sq ft

Expansion potential:
Streamers is a well established business in its local market however it has not been aggressively marketed outside of Kingsbridge itself and there is clear opportunity to market more widely throughout the surrounding South Hams area. Whilst providing a proven trading model and thus avoiding the need for a purchaser to materially reinvent the current business strategy. An obvious opportunity to increase revenue would be via online sales.

The fancy dress industry provides a number of opportunities for direct drop shipping and e-fulfilment from which Streamers can benefit.
Reasons for selling:
Genuine reason for sale
Trading hours:
Monday to Saturday from 9.30am to 5pm
Employees:
Streamers is owner operated on a full time basis with one part-time members of staff employed at weekends
Years established:
Established in 2000
Support & training:
All Support and training will be provided to ensure a successful transition of ownership
Inventory / Stock value:
£10,000
Related documents:


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