Cards Gift and Toy Shop for sale in Berkshire
Business for sale
Asking Price:
£59,000
Turnover:
£176,800
Annual profit:
£75,847
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Location this business is located in berkshire. (Registered users can see full location details)turnover we are informed the turnover averages £3,400 p.w. In our opinion offering further potential to increase in the right hands. Gross profit 55% approx. We are further advised that the sales year ending december, 2005 showed in the region of £180,000 inclusive of vat.
Price to include the secure lease, goodwill, fixtures & fittings £59,000 plus stock at valuation (£24,000 approx).
Substantial loan to an approved applicant
features impressive double fronted sales shop approx. 900 Sq. Ft. Sales area with new carpet tiled floor. 9 Greeting card display stands with drawers, modern adjustable shelving, slat strips to walls, counter, 2 electronic cash registers, fax machine, photocopier (on loan) etc.
Staff cloakroom with w.c. And wash hand basin
staff we understand the business is operated by 2 partners and no staff are employed.
Opening hours monday - saturday inclusive - 9 a.m. - 5.30 P.m.
No sunday trading
outside 2 car parking spaces.
Tenure we understand the premises are held on a secure renewable lease having approx. 7½ Years unexpired at a rental of £25,000 p.a. Exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform business rates: £6,900 p.a. Approx. + Water rates (metered)
Recommended for early inspection
Reference : C6621
