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Asking Price: GBP 125000
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Business Location: United Kingdom » Northamptonshire » NORTHAMPTONSHIRE 
Category: Retail » General Merchandise Stores
Advent Business Sales are delighted to offer to the market this very well established photographic materials supplier with excellent future potential.

Established by our client 5½ years ago, the business is only now being reluctantly offered for sale to allow her to concentrate on doing pure photography.

The business offers specialised picture framing with/without mounts, albums, cameras and associated accessories, printed mugs, t-shirts and mouse mats. The transfer of cine/video to DVD, photocopying in black and white, passport photos, film processing.

The have also recently started to offer home wares, furniture and gift ware.

The business benefits from an annual order for printing for the local school photography company.

The business employs two full time staff members, as well as a part timer who works approximately 16 hours per week and our client, who works approximately 24 hours per week in the shop. Between them it is anticipated that sales will be approximately £130,000 per annum with a 55% gross margin.

Our client is prepared to work with a new purchaser for an agreed period of time to ensure a smooth hand over period and to effect the necessary introductions to staff and customers.

We are advised that stock at cost is approximately £5 – 6,000.
REF: 9006NN

Mon-Sat: 8.30am – 6pm
The shop has a large front window with a general visibility display, side racking and shelving for product display.
• Central cashiers desk
• Storage cupboard
• Staff room
• Rear w/c

The shop also benefits from being alarmed with motion sensors, a roller shutter to the front and all entrances.

Lighting comes from a mix of spotlights to the main retail area and fluorescent strip lighting within the processing area.
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 12 years
Review every: 3 years
Rent: £18,000 P.A.

We are advised that the annual business rates are currently: £4,000
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
Net Profit: (GBP)
Total profit before taxes
General Information:  
Business Area: Our client is conveniently located on a main shopping parade of an upmarket town in Northamptonshire. Local nearby businesses include Tesco, Boots, a deli café, hairdressers, Argos and Waitrose and many many more, who all contribute in attracting large footfall levels to this thriving town.
Year Established: 2003
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 3
Market competition and expansion:
EXPANSION POTENTIAL The business has huge potential to increase both sales and profits vastly by: 1. The town is due to increase in size by almost 50% over the next few years 2. Offer other complimentary products such as greetings cards 3. Advertise more, they only do leaflet drops at the moment 4. Offer Western Union money transfer 5. Large format printing – such as banners and canvas wraps 6. Have a loyalty scheme on processing of films/dvd’s 7. A new purchaser, by working full time in the shop would save on staff wages 8. Promote the fact that they were a recent winner of Fuji shop of the year., when they beat over 200 other stores
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