Asking price: £150,000

Sales revenue: £104,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this licensed sex shop.

A superb business opportunity has arisen to purchase this well established thriving concern.

and has established an attractive shop retailing high quality adult sex toys, costumes and accessories.

The vendor has spent considerable effort sourcing premier products enabling unusually high profit margins.

An extensive selection of products are available for sale with several hundred more available on request and availability.

ref:8439PE

Employees: The business is currently staffed solely by the vendor

Trading hours: Mon – Sat: 10.00am – 6.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 10 years Remaining lease: 1 year Review every: 5 years Rent: £14,000 per annum We are advised that the annual business rates are currently: £3,000 The landlord will renew lease. R18 licence at the cost of £1,700 per year needs to be obtained from the local council.

Location
The business is ideally located right in the city centre of Peterborough, situated in a busy parade of shops ranging from large multinationals to fine independents.

Expansion potential
There is scope to increase turnover by increasing the range of stock.

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

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