Radio Controlled Model Shop
Business for sale
Asking Price:
£15,000
Turnover:
£220,000
Annual profit:
£27,500
Audited accounts:
Yes
Management accounts:
Yes
Business description
Downpayment: £27,500FF&E: £15,000 (Included in Asking Price)
Inventory: £90,000 (Included in Asking Price)
Business Summary
*** Due to exceptional circumstances, reduced for immediate sale *** The business retails radio controlled models and accessories. At the moment, the larger proportion of the business is taken through a very well-stocked shop, the rest is by mail order from a very attractive web site, giving it an international market place. The business is well stocked with major brand items, and is able to deliver on a next-day basis within the UK. The epos and mail ordering system are fully computerised. Although the business has only been going for just over 2 years, it has shown a strong increase in turnover over that time. The name, which is well-known within the sector, is included in the sale if the buyer wishes to retain it. The retail area has been recently refurbished, has all the necessary security feature for a shop of this type, and is air-conditioned.
Building & Property
Building: 690
Monthly Rent: £917
Real Estate Available: No
General Information
Reason for Sale: Owner wants to concentrate on other business
ListingID#: OXFORDN10136
Employee details
Fulltime staff:
1
Parttime staff:
1
