Asking price: £205,000

Sales revenue: £139,600

Net profit: £44,500

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are delighted to offer to the market this extremely well established and profitable business.

The going concern was originally established 30 years ago by the current owners. During this time they have become the dominant market leader.

More recently, they developed an on line web site, which resulted in high activity. Due to the ages of the owners, they withdrew their internet shop but this is an area a new owner should develop as all the systems are still in place.

Our client provides probably the best choice of fancy dress, accessories and party goods in the area.

At present the business offers over 2,500 products with many new items to come in the new future. They include:
• 450 costumes for hire
• Costumes for sale – adults and children
• Accessories
• Wigs (400)
• Hats and masks
• Make up
• Essential items for hen & stag do’s
• Jokes and modern novelties

It is extremely rare to find a business of such quality, variety and improving profitability, especially in the current economic climate – early viewing is highly recommended!
REF: 9320CV

Trading hours: Mon-Sat: 10.00am – 5.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 15 years Remaining lease: 10 years Review every: Rent: £7,306 P.A. We are advised that the annual business rates are currently: £1,093

Location
Our client’s trading premises are located within a city centre which has a large growing university situated close by.

The area is vibrant with activity and attracts a high volume of passing and regular trade from companies, students, drama clubs and private individuals.

Expansion potential
Sales are continually increasing, despite the recession. The vendor has informed us that after the year end of March 2009, sales have steadily risen and that’s without the internet sales. Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business.

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