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Business for sale in United Kingdom - 7065ng nottinghamshire l/h 39,995 card shop
| Asking Price: | 39,995 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 79,553 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 2000 | ||||||||||
| Employees: | 1PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Retail
Business categories:
Card & Gift Shops
Business 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
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Not Disclosed |
| Reasons for selling: | The vendors are happy to offer a hand |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | 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 |
| Location: | The business is ideally located in a pedestrianised shopping parade in the centre of Kirkby in Ashfield. Kirkby in Ashfield is a densely populated Nottinghamshire town with excellent transport links including access to the A38 leading to junction 28 of the M1 motorway, junction 27 of the M1 motorway, plus a train station on the Robin Hood Line leading into the centre of Nottingham. There are excellent parking facilities with a large free car park approximately 100 yards from the business. |
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