Balloon and Party Shop For Sale
Business for sale
Asking Price:
£67,500
Turnover:
£80,000
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale this rapidly growing business.Established 18 months ago by the current owner, it is now reluctantly offered for sale due to the vendors other business plans and commitments.
The business currently offers a one stop party shop for all the party needs. High quality balloon décor for all special occasions can be created to customer requirements.
Some of the products sold include:
• Balloons & helium gas
• Pinatas and party cannons
• Wedding decoration & favours
• Tableware, table décor & accessories
• Party décor and accessories for all occasions
Corporate work is also undertaken & includes grand openings, refurbishments & promotions.
A local contract is in place with a local college & other corporate clients.
Also included is a van equipped with signage and a fully functional website with further optimisation being carried out by the vendor.
The business has established an enviable reputation within the market place, offering excellent customer service to ensure repeat business.
The business is a member of NABAS, National Association for Qualified Balloon Decorators.
General Information
Employees:The business is staffed by the vendor and two Saturday staff
Trading hours:Mon – Wed: 9.15am – 5.00pm, Thurs – Fri: 9.15am – 5.30pm, Sat: 9.15am – 5.00pm.
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 1 year Remaining lease: To be negotiated Review every: 1 year Rent: £3,600 per annum We are advised that the annual business rates are currently: £430.00 per annum
Living accomodation:BUSINESS PREMISES The premises are decorated and presented to a very good standard, offering customers choice without confusion. Ground Floor - Approximate 300sq ft floor selling area on a split level with permanent shelving and handing arms for stock - Numerous fixtures to accommodate further stock - Leading off the main selling area there are 3 stockroom areas for excess stock storage - An approximate 200 sq ft basement can be used for storage
Location:The business is situated on a busy main road position close to Mansfield town centre. The shop is immediately surrounded by a cinema complex with food outlets and a business park comprising of large major retailers is also in close proximity.
There is ample on and off road parking by the shop.
There are excellent transport links with access to the M1 junction 28 and major roads leading to Nottingham and Sheffield.
Expansion potential:There is excellent potential for further growth by:
• Maximizing the usage of the website
• By increasing advertising
• Extending opening hours to include Sunday’s.
• Wedding fairs
Financing available:Please let us know if you require finance for the purchase of a business.
Employee details
Fulltime staff:
0
Parttime staff:
2
