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8720CV L/H POTTERY AND GIFT WARE £7,000INCL STOCK WARWICKSHIRE
Asking Price:
GBP 7000
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Business Location:
United Kingdom » Warwickshire » COVENTRY
Category:
Retail
»
Miscellaneous Retail
Description:
Advent Business Sales is pleased to offer to the market this niche pottery and gifts retailer based in a modern shopping centre in Warwickshire.
The business, which was established by the vendor is only now being reluctantly offered for sale due to family ill health.
The shop offers many famous and very collectable pottery items by names such as Anita Harris, Dartington, Babbacombe, Honiton and Janice Tchalenko and prides itself on selling one off products that are not available elsewhere.
They also stock natural skin care products, hand made cards, bonsai trees, paintings by local artists, lighting, rugs, costume jewellery and house ware.
The business benefits from a growing level of repeat business due to the owners excellent reputation and location. The customer base is mostly local but tourism is growing steadily and now accounts for approximately 10% of trade.
The business is staffed purely by our vendor and achieves its current sales levels with no advertising whatsoever with most new trade coming via personal recommendation.
The premises are decorated to a very high standard with a new purchaser being able to trade from day one with no further work to do.
We are advised that stock is approximately £5,000 at cost.
TRADING HOURS
Mon – Sat: 9am – 5.30pm
Sun: closed
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Financial Information:
Annual gross sales: (GBP)
31200
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
The business is ideally located in a busy shopping arcade in Warwickshire. Other shops along the arcade include a florist, jewellers, butchers, computer games and a wine bar. The arcade has its own roof top car park with plenty of spaces available. Immediately opposite the arcade is Ikea, which with the other shops al contribute to bring good footfall levels to the area.
Year Established:
2006
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Reasons for selling:
family ill health
Market competition and expansion:
There is excellent potential for growth including product sales by the internet, local advertising and pottery and art lessons in the shop.
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