Card Balloon & Party Shop Business Kingswinford | | Kingswinford West Midlands | | * Profitable business trading as Party Box UK Limited * All fixtures & fittings (slat wall, stands, card stands, cash till, display counter etc: * Two web sites * All balloon tools & equipment * Peugeot Expert 2. 0 HDI 2005/05 blue panel van * Stock. Business for sale Card Balloon & Party Shop Business Kingswinford is located in West Midlands. | | ADVERT NUMBER : 59428
ADVERT IMPRESSIONS : 7,599 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Card Shops | | SALE: | Private Sale | ASKING PRICE: | £30000 | | | | | BUSINESS DETAILS: | Party Box UK Limited company for sale
Established for over two years with just under 3 years currently left on the lease.
Rent is £8k per annum plus a service charge of approx £300
Turn over in year one was £26k with gross profit of £8. 5k
Turn over in year two is £53. 5k giving a gross profit of around £22. 4k
Year 3 we have an estimated projected turn over of £70k giving around £40k gross profit
Profit margins are very good in all lines. Around 60% - 70%
Stock level as you can see is very high with a wide range of lines from helium and foil balloons to party goods, cards & bears inc "me to you"
Nothing hidden and accounts viewable upon request if showing genuine interest
Run single handed by business owner with the occasional help of hubby (business partner)
The shop its self is very modern clean and large.
Sizes are as follows: Internal shop floor width 6 Meters
Internal shop floor depth 15. 1 Meters
Net sales area 86 Sq Meters (i. E: less office area)
Office width 2. 1 Meters
Office depth 3 Meters
Fully slatwalled out with oak effect slat wall and cream inserts. Various display stands and lots of card stands. Beech laminate floor.
Office / stock room behind till area and out the back of the shop there is further storage space and kitchen area and w/c. Rear access by double metal cladded doors.
There is an allocated parking space at the rear of the shop and customer parking on the front and rear of the shop.
Stock is currently valued at approx £15k trade and is included in the advertised price.
What is included:
* Profitable business trading as Party Box UK Limited
* All fixtures and fittings ( slat wall, stands, card stands, cash till, display counter etc:
* Good repeat customer base
* All balloon tools & equipment
* Peugeot Expert 2. 0 HDI 2005 / 05 blue panel van
* Two web sites
* Stock (inc seasonal stock, Xmas, Valentines etc:)
The shop is located just off stallings lane, a main road from Dudley to Kingswinford. Grouped with other shops it makes a very good local shopping centre with Morrisons at the rear of the shop giving extra trade as a lot of people walk past the shop to get to them.
The two web sites included are very well advertised on the likes of google and yahoo. Try searching balloons midlands or kingswinford. Partybox. Uk. Com is run by our web designer and partyboxuk. Co. Uk is run by bt. Both bring in a lot of revenue. We also advertise on yell. Com and in yellow pages, bt and wedding planner. Other than that we have a good previous customer base. Being on a large residential estate it makes it ideal for locals.
Currently our opening hours are monday to saturday 9am - 6pm but this could be shaped to suit any potential buyer.
A full hand over would be given and any after sales help would be given where possible.
Please bare in mind this business was started at the start of the recession and has coped easily. Now the recession is starting to fade this business has massive potential as you can see from the increase in revenue from year one to year two. Our other option if we do not sell will be to take on staff to build the business and eventually finish up with a self run staffed business.
Not currently VAT registered but obviously this is inevitable if the business keeps growing as it is.
Current lease / contract can also be seen
Contract of sale of company to be completed by solicitors once price agreed in principle
Any questions please do not hessitate to contact either David or Laura using the 'contact seller' button, or view our web site. | | | | | | WITHDRAWN FROM MARKET - AWAITING DELETION | | | | | | | | | | | |
