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Business for sale in United Kingdom - 8720cv pottery & giftware l/h 9,000 warwickshire
| Asking Price: | 9,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 31,200 £ | ||||||||||
| Net Profit: | 0 $ US | ||||||||||
| Year Established: | 12 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Retail
Business categories:
Gift
Business 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 EXPANSION POTENTIAL There is excellent potential for growth including product sales by the internet, local advertising and pottery and art lessons in the shop. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 600 Gross Profit: 50%
Additional information
| Additional information: | download |
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| Support & training: | Not Disclosed |
| Reasons for selling: | ill health. |
| Financing available: | Please let us know if you require finance for the purchase of a business, |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | TENURE: Leasehold Original lease: 5 years Remaining lease: 4.5 years Review every: 5 years Rent: £12600 per annum We are advised that the annual business rates are currently: TBA |
| Location: | 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. There are road links via the M40, A46, M1 and M6 to the nearby towns of Warwick, Kenilworth, Leicester, Birmingham, Leamington and Stratford. |
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