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Advert Details

Gift Shop In Whitby For Sale

(Ref: H816)

North Yorkshire, United Kingdom

Financials

Asking price: £59,000

Sales revenue: £140,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
This business has been traded successfully by the current owner for a quarter of a century.

The location of the business is ideal in the heart of the main tourist street near car parks and the market and with huge volumes of footfall.

As well as general gifts the shop specialises in the sale of bears which attracts higher numbers of customers.

Unlike the majority of businesses in the current economic climate, this business has shown a 10% increase in 2008 and a further 10% in 2009 turnover. Profits have also increased.

There is also great scope for increase especially with a full time owner operator.

Further business information

• ideal location
• traded successfully for decades
• speciality sales
• increase in trade for last 2 years
• potential for owner operator
• popular thriving resort

Years established: 25 Years

Employees: Vendor part time plus part time staff as required

Property: Leasehold


Lease terms
New lease available. Terms to be negotiated

Location
The location of the business is ideal in the heart of the main tourist street near car parks and the market and with huge volumes of footfall.

Reasons for selling
Vendor wanting change after 25 successful years


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