Asking price: £45,000

Sales revenue: £54,000

Net profit: £25,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is delighted to offer to the market, this very well established and high quality bespoke picture framing and gallery business and services

Founded by the present vendor over 16 years ago, the business is only now being reluctantly offered for sale due to other family business commitments.

Run mainly as an unopposed framing workshop in a centre of town, the business could be easily developed for someone wishing to expand the sales and gallery side with additional space available in the courtyard.

Trading by choice for just 5 days per week to keep below the VAT threshold, additional income could easily be added by increasing the opening hours.

An excellent leasehold premise with attractive rent and low overheads has always traded profitably and makes for a very pleasant lifestyle business.

The business has an excellent local reputation and client base drawn from the surrounding area where there is only minimal competition

We are advised that stock at cost is approximately £10,000
REF: 9287WR

Trading hours: Mon-Wed & Fri: 9.00am – 5.00am Sat: 9.00am – 4.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: Rolling 5 years Remaining lease: Holding over Review every: Rent: £3,500 +VAT PA We are advised that the annual business rates are currently: £600

Location
The business is ideally located in a pretty courtyard off a busy high street in an affluent market town in Worcestershire.

The town centre has many complementary businesses who all contribute in attracting large footfall levels.

Nearby towns include Evesham, Worcester, Pershore and Great Malvern

Expansion potential
Although already a successful business there is still potential to increase both sales and profits by: 1. Taking on extra space within the courtyard complex, which is currently available to increase the retail sales area. 2. Open on Thursdays 3. Have an informative website advising potential customers of the services offered.

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