Popular Gift Shop For Sale
Business for sale
Asking Price:
£75,000
Turnover:
£162,174
Annual profit:
50k to 99k
Audited accounts:
No
Management accounts:
Yes
Business description
This business has a large and regular clientele and sells an impressive range of global jewellery, music, gifts and books. Situated on 4 floors with a basement used for stotage, ground floor forming part of retail area, first floor retail area & second floor with 2 rooms, one of which used as an office.GENERAL INFORMATION
Employees: Owner works part-time plus 3 part-time self-employed staff.
Trading hours: Mon-Sat 930-1730. Sun 1030-1630.
Property: Leasehold
Lease terms
10 year lease with approx. 7 years remaining. Current rent £20,000 per year.
Location
Well located within main shopping area.
Expansion potential
Offers great scope for business expansion & development.
Advert ref: 1110RA
Employee details
Fulltime staff:
0
Parttime staff:
4
