Business for sale

Business description

HIGHLIGHTS:

LEASEHOLD ROCK MUSIC & CLOTHING BUSINESS
LINKED TO THE BRITISH MUSIC DATABASE
COLLECTABLE VINYL RECORDS
GOTHIC CLOTHING AND JEWELLERY
RENTAL FROM 2-BEDROOMED FLAT ABOVE
PRIME CENTRAL LOCATION
COASTAL HAMPSHIRE TOWN





Comments
BUSINESS:
Established by the vendors in 1988, this very profitable business is situated in a prime central location in a busy and popular south coast town. In a pedestrianised area opposite Currys, MacDonalds and the Halifax Bank, and next to Thomas Cook, it has an envious location, with shopper parking just behind the shop. Selling mainly CDs, but also stocking DVDs, collectable Vinyl records, and gothic clothing, sweatshirts, and jewellery.

The business stocks all record abels and is linked to the British music database, which is updated nightly, and all purchases are chart-panelled. There is an annual service charge for the till and database update. The shop also sells T-shirts, Gothic clothing and jewellery.

LOCATION:
The shop is situated in the pedestrianised High Street of a busy coastal town in Hampshire. The High Street offers shoppers a wide choice of leading stores, including Curry's and McDonalds, which are both opposite, as is the Halifax Bank. The shop is also close to Woolworths and next to Thomas Cook.


LEASE:
The premises are held on a new 10 year lease, which commenced in March 2004. The current rent is £14,000.

ESTABLISHED:
1988

EMPLOYEES:
The vendors work approximately 4/5 days a week, with a Manager and Sales Assistant both working 5 days each in each shop.

TRADING HOURS:
Monday - Saturday 9.00am - 5.30pm

SUPPORT & TRAINING:
If appropriate will be provided by the vendor following exchange of contracts.

SALES REVENUE:
£155,971 at 43% GP
GUIDE PRICE:
£35,000 plus stock at valuation

FULL PARTICULARS:
Please telephone or Email for full particulars. Alternatively register with us online.

Thank you for your interest in this unique business opportunity.


Accommodation
No Accommodation Associated With This Business