Asking price: £35,000

Sales revenue: £98,391

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
PICTURE FRAMING & GALLERY business for sale in a premier & affluent South Lincolnshire market town, convenient Oakham, Peterborough, Grantham & Oundle, trade £98,391 p.a, gross profit £70,599 p.a., if run by a couple with no staff potential net profit of circa £45,918 p.a! prime position near High Street, high footfall area, same hands 12 years, retirement sale, last 3 years accounts show a year on year rise in sales & profits, easy hours 9 – 5 Monday to Saturday, closed Sunday, smart modern gallery (ground floor) shop with well equipped picture framing workshop. LEASEHOLD £35,000 + SAV REF 130

Years established: Run by the present owner for the last 12 years.

Employees: 2 part-time ladies

Trading hours: 9.00am - 5.00pm Monday to Saturday; closed Sunday.

Property: Freehold

Location
The shop is superbly well situated just off the High Street & enjoys valuable frontage on to a busy (mostly pedestrianised) road leading to the hugely popular Arts Centre.

Reasons for selling
Retirement.