Asking price: £35,000

Sales revenue: £85,020

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

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

Employees: The business is at present operated by the vendor with the assistance of 1 full time staff.

Trading hours: Monday - Friday inclusive - 9.30 a.m. - 4 p.m. Saturday opening - 11.30 a.m. - 2 p.m. NO SUNDAY TRADING

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

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

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.