Asking price: £150,000

Sales revenue: £30,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £25,000

Business description
We have been instructed to offer for sale this well established and highly reputable business.

It specialises in making trophies, awards and framing, and has been trading successfully for the past eight years with four years in the current location.

The owner has reluctantly decided to sell due to his imminent retirement plans.

The business specialises in trophy making as well as other award associated products such as rosettes, engraving, etching and a multitude of other services are offered.

To further compliment the business, our client has a fantastic service offering framing services which has proved to be very popular especially for football shirts.

Our client has a good reputation, which is virtually unrivalled within a 50 mile radius.

The business is staffed solely by the vendor on a full time basis but the scope to employ staff and increase turnover is clearly evident.

Our client has also successfully introduced other products to enhance the reputation and which has increased thr choice of items suitable for prizes such as gift ware, glass ware, ornamental and decorative accessories.

The business is fully equipped and a brief inventory includes:
• 2 x pantograph machines
• Engraving cabinet
• 4 x blocking machines
• Numerous type faces
• Framing equipment
• Joining equipment
• Mitre& mount cutter
• Jig machine
• Screen printing equipment
The first floor is continuing to be developed as additional sales area with further display units

The business is also offered as a leasehold option at £55,000 inc stock with terms to be negoiated.

We have been informed by the vendor that assistance with funding may be available and staged payments will be considered

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DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Employees: The business is staffed solely by the vendor on a full time basis but the scope to employ staff and increase turnover is clearly

Trading hours: Mon – Fri: 8.30am – 3.30pm, Sat: 8.30am – 11.00am

Property: Freehold

Location
Our client is ideally located on a busy main through road into Grimsby and the close by resort of Cleethorpes.

There is a constant flow of traffic on this road providing a healthy level of trade.

The surrounding area consists of a good mix of residential and commercial properties, as the area is growing in its size and population. There are plans for redeveloping the area behind the premises, this will include leisure facilities, regeneration of the shopping and market area as well as new housing redevelopment which has already started.

The A180 and M180 network provides access to the area.

Expansion potential
The business offers a high scope for further expansion including the following: • As there is ample room within the premises to accommodate further business related products such as Jewellery, printing key cutting, just to name a few. • In addition, there is a big demand for Framing and mounting sports clothing and equipment, therefore sales of these products could be introduced. • The main benefit to the business is to add a website as this is clearly the single most effective marketing and advertising route to enhance the business for the future. • Recent local authority plans to redevelop the area will no doubt increase footfall and bring in more customers This is an exceptional opportunity for someone with enthusiasm and desire to drive the business forward with the added benefit of owning a freehold property.

Financing available
Please let us know if you require finance for the purchase of a business. We have been informed by the vendor that assistance with funding may be available and staged payments will be considered

Related documents

		Sales Particulars