Asking price: £80,000

Sales revenue: £229,275

Net profit: £36,060

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
A long established business which was founded by our clients in 1987. The business is entirely retail based; scope exists to develop account sales with local businesses. The business is a member of the Office Club Buying Group. Potential to develop e-commerce. An appointed Windsor and Newton Premier Art Centre and a Design Objectives Creativity Store. Certified accounts show annual sales net of VAT of £229,275 with a gross profit margin of £112,617 (49%) and an adjusted pre tax operating profit of £36,060 after charging the proposed rent of £18,000 per annum. The business is staff run with the owner only working three days per week in an administrative capacity.

Trading hours: Monday to Saturday 9am to 5.30pm.

Property: Leasehold

Lease terms
New lease the length of which can be tailored to suit the purchasers wishes. Ingoing rent £18,000 per annum exclusive.

Location
Prominent location within this busy town centre location close to Bath.

Financing available
Via Ashley Tate's recommended panel of banks and brokers.