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7065NG NOTTINGHAMSHIRE L/H£39,995 CARD SHOP
Asking Price:
GBP 39995
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Business Location:
United Kingdom » Nottinghamshire » NOTTINGHAMSHIRE
Category:
Retail
»
Miscellaneous Retail
Description:
Advent Business Sales have been
instructed to offer for sale this
established and attractive card shop.
Part of a small privately owned chain of
card shops, it is now reluctantly offered
for sale due to divorce proceedings.
The shop is decorated, equipped and
stocked to a very high standard and has
an enviable reputation within the local
community.
The shop currently stocks a full range
of quality greeting cards, gifts,
wrapping paper and packaging.
The vendors are happy to offer a hand
over period, so that any new owner can
take advantage of their experience
within the industry and preferential
purchasing rates.
EXPANSION POTENTIAL
There is still excellent potential for
further growth including extending the
range of products available and
extending the current opening hours.
STAFF
Opening hours are currently covered by
part time members of staff; however, it
would also equally suit an owner
operator.
TRADING HOURS
Mon – Sat: 9am – 4pm
Sun: closed
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Annual Turnover: £79,552.93
Gross Profit: £37,308.62
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.
BUSINESS PREMISES
A well decorated and well equipped lock
up shop premises with the added
security of electric roller shutters and
consisting of the following:
Ground Floor
? Glass frontage display window and
entrance door leading into main shop
area. Laminate flooring throughout
and suspended ceiling
? Counter to front of premises with
electronic cash register
? Racking and display shelving to all
walls
? Centre aisle to ceiling with racking
and display
? Door to rear of main shop leading to
kitchen area and w/c with exit to
rear service yard
External
? Block paved pedestrianised area to
front
? Service yard to rear
TENURE: Leasehold
Current Lease: 6 years
Lease Remaining: 5 Years
Review every: 3 years
Annual Rent: £8,500
We are advised that the annual business
rates are currently: £2,500
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Financial Information:
Annual gross sales: (GBP)
79552.93
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
2000
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
1PT
No of trading hours:
Mon – Sat: 9am – 4pm
Reasons for selling:
for sale due to divorce proceedings.
Market competition and expansion:
There is still excellent potential for further growth including extending the range of products available and extending the current opening hours.
Contact Seller Now
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