Summary
- Asking price:
-
£35,000
- Sales revenue:
- £85,020
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by the vendor with the assistance of 1 full time staff.
Business description
MODERN DOUBLE SHOP FRONT to attractive shop approx. 319 sq. ft. plus rear room approx. 104 sq. ft. with laminated strip floor, ceiling with inset lighting. The equipment includes 2 desks, cash register, Sharp AR C330 colour printer/copier, Sharp black and white copier MX M450U, Rioh AF C10 1045 copier, computer equipment, guillotine, Magic Touch heat press plus plotter, creasing machine, wire stitching machine etc.
Utility area
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease for a period of 5 years from February, 2009 at a rental of £6,000 p.a. exclusive of rates. We further understand that the lease contains the agreement of 3 months notice each way to terminate the lease.
Uniform Business Rates: £1,500 p.a. approx. (after small business relief)
PERSONALLY INSPECTED & HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Location:
- Situated in a parade, main road trading position, SURREY
Other information
- Expansion potential:
- WE ARE INFORMED the sales year ending March, 2009 showed in the region of £85,000. We understand due mainly to the current economic situation it should be noted that the sales year ending 31st March, 2008 showed £155,268 with a gross profit of £52,639 (after wages and National Insurance Contributions of £55,446). The vendor has now reduced his wages costs to approximately £400 p.w. In our opinion the business offers tremendous potential for further development in the right hands.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£1,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Friday inclusive - 9.30 a.m. - 4 p.m.
Saturday opening - 11.30 a.m. - 2 p.m.
NO SUNDAY TRADING
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
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