Profitable well established Trophies plus Engraving Business
Business for sale
Asking Price:
£75,000
Turnover:
£120,000
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
We are informed the turnover is in the region of £120,000 p.a. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.Price: TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features: Spacious modern premises approx. 980 sq. ft. with suspended ceiling, concealed lighting, full carpeted display area with display racking.
Storeage/work area with concrete floor, racking, 1 computerised flatplate engraving machine, 1 additional computerised flatplate/cups engraving machine, 1 manuel engraving machine etc.
Shared toilet facilities plus kitchen area
Staff: The business is at present operated by the vendor with the assistance of his wife on a part time basis.
Opening Hours: Monday - Friday inclusive - 9.15 a.m. - 5 p.m.
CLOSED SATURDAY & SUNDAY
with the exception of Saturdays during the football season, when the business opens from 9 a.m. - 1 p.m.
Outside Car parking space for 1 car.
Tenure We understand the premises are held on a lease outside the Landlord & Tenant Act for a period of 2 years from March, 2004 at a rental of £15,600 p.a. We understand the rent is inclusive of rates, electricity and service charge.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Reference : M1885
