Gallery Picture Framing Business For Sale

Business description

Bag a Business is delighted to offer for sale, this thriving and highly regarded gallery and picture framing business, located in such an ideal trading position within the North Wales - Shropshire - Cheshire border region. The business has been established for over 21 years and has built up an enviable reputation throughout the area. Currently the business is run by a husband and wife team and has an annual turnover of £217,000, achieving a 60% gross profit. The business trades from within two desirable retail units as well as a well equipped workshop, from which it produces the majority of its picture frames. This is a particularly attractive purchase as the business benefits from regular repeat custom and has an enviable client base, including many major companies as well as local authorities and government bodies. There remains infinite scope to develop turnover further, if desired as the business generally specialises in bespoke picture framing, with the vast market for ready-made frames and Internet sales still untapped. In addition, there is also the potential to open additional stores, especially as there are a number of local nearby towns with no similar businesses. This is a unique opportunity to purchase such a thriving and highly regarded business, only brought to the market due to retirement. Early discussions with Bag a Business must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Site 1
Leasehold
Original lease length: 12 years
Remaining length: 12 years
Review every 3 years
Rent: £1300 per quarter

Site 2
Leasehold
Original lease length: 10 years
Remaining length: 9 years
Review every 5 years
Rent: £10,000 per annum

Living accommodation:

The business trades from two town centre, lock-up, leasehold premises and workshop Both premises benefit from exceptionally spacious open-plan retail sales areas with ample additional storage facilities. EXTERNAL Public car parking facilities within close proximity Attractive, wide double frontages

Location:

This gallery and picture framing business is located within two town centre retail premises, both benefiting from prominent and highly desirable trading positions in the North Wales - Cheshire - Shropshire border area. The business occupies spacious, leasehold premises, with attractive, wide, double frontages and within close proximity to town centre car parking facilities. They are surrounded by a wide variety of complementary shops and other businesses, including many major national high street brands, which attract a high daily footfall. The area is easily accessible to all the major north-west conurbations as well as the A55 North Wales Expressway and M56 motorway.

Other information

Trading hours:

Mon - Wed: 9.00am - 5.00pm Thurs: 9.00am - 3.00pm Fri - Sat: 9.00am - 5.00pm Sun: Closed