Business for sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable trophy business.

Founded approximately 25 years ago and in the hands of the current vendors for over 8 years, the business is now reluctantly being offered for sale to enable them to pursue a totally unrelated business opportunity.

The shop supplies trophies, medals, rosettes and shields for many/any sporting events.

In addition, they also engrave them or have them renovated or cleaned. They can also engrave jewellery.

The business employs one part time member of staff who works approx 20 hours per week as well as the vendor fulltime.

The business has a large repeat customer base including colleges, schools, motor dealerships, city councils etc.

There is also a website available.

The vendor is prepared to assist a new purchaser for a period of time to ensure a smooth handover and familiarisation of the business.

TRADING HOURS
Mon – Fri: 9.30am – 5pm
Sat: 9.30am – 1.30pm

EXPANSION POTENTIAL
The premises are large and there are 2 rear offices which could be sub let to produce good rental income.

For a small investment, the shop could offer a key cutting service.
BUSINESS PREMISES
Large ground floor lock up premises.

Very attractive window display with side entrance door into main sales area with 2 centre glass gondolas.

Shelved displays around side walls with storage drawers under.

Counter with till at rear with display under.

Through to large prep rooms with engraving machines and 2 desks

Through to rear office, with exit door to shared wc in lobby and then car park with 1 allocated space to shop.

Further 2 rooms at the rear for storage
TENURE: Leasehold
Original lease: 2 years
Remaining lease: 2 years
Review every: 2 years
Rent: £11,520 per annum, includes services charges

We are advised that the annual business rates are currently: £670