Asking price: £24,950

Sales revenue: £128,000

Net profit: £26,000

Fixtures value: £1,000

Stock value: £10,000

Business description
An exciting opportunity to acquire this well established internet retail business which has been operated since 2004. The business retails discounted products including toys, games, household and electrical goods. These are good quality branded goods which due to our client’s wholesale contacts can be bought at a cost which allows them to be retailed through the internet for a fraction of their recommended retail prices - allowing our client to work on a good profit margin.

Our client only commits 25 hours per week to the business as and when his other commitments allow - massive flexibility here.

The business does a large proportion of its annual turnover in the last quarter of the year and accordingly this is an ideal time to purchase - don't delay!

The business is operated from a convenient and affordable Leeds location, albeit a significant amount of the working week can be done from a remote location due to the internet based nature of the business.

TENURE
Leasehold. To October 2012. Rent £5,000 per annum.

HOURS OF BUSINESS
25 hours per week (flexible).

STOCK
Approximately £10,000 (in addition to the asking price).

Years established: 5

Trading hours: Approximately 25 hours per week (flexible).

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
The current lease expires in 2012.

Location
The business is located in a well known business park on the Leeds Ring Road.

Expansion potential
The business can be expanded in a number of ways to significantly increase turnover.

Support & training
The buyer will receive support and training from the current owner.