Wool & Crafts Business For Sale
Business for sale
Asking Price:
£44,995
Turnover:
£116,787
Annual profit:
£23,714
Audited accounts:
No
Management accounts:
Yes
Business description
Recognised name in the locality some 20 years plus and under current ownership some 5 years during which the business has moved into the 21st century.Well positioned for foot flow and unopposed in the area with some diversification having taken place recently.
Traditional lines of wool, cross stitch kits and a wide range of haberdashery form the core of the business however they now promote a dolls house department with miniature furniture and are the main agents for the dolls house emporium.
GENERAL INFORMATION
Employees: Owners plus 2 part-time
Trading hours: 9:00am – 4:30pm Monday, Tuesday Thursday, Friday, Saturday
Property: Leasehold
Lease terms
Leasehold on 6 year term with some 6 months remaining. Rent £7,400 per annum Rates circa £3,500. The landlord will be pleased to negotiate new terms to the right applicant.
Employee details
Fulltime staff:
2
Parttime staff:
2
