Independent Cash Converters Style Business | | Loughton Essex | | A fantastic opportunity to own a previously successful cheque cashing, buyback scheme, payday Advance & cash for goods retail business. Lease to let or rent Independent Cash Converters Style Business is located in Essex. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62926
ADVERT IMPRESSIONS : 2,476 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Pawnbrokers & Cashconverters | | SALE: | Private Sale | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | A fantastic opportunity to own a previously successful cheque cashing, buyback scheme, payday Advance & cash for goods retail business. The business opened in 2008 with a turnover of circa £430. 000, with a gross profit of circa £102,000 for year end 2009, the previous owners other business commitments then resulted in year 2 of trading showing a turnover of £250. 000 with a gross profit of circa £65. 000 for year end 2010. . The business was professionally valued at £120,000 plus stock at valuation in early 2010. However a planned sale in 2010 failed to complete and as a result of this and the previous owners other substantial business commitments, the enterprise was recently temporarily forced to cease trading in company name only, however the business is now operating again under new owners, who wish to secure a quick sale at a substantially discounted price. The business is based in a local authority retail unit measuring approx 1000 sq ft and benefits from a new 12 year lease with a 4 year break clause at a rental of £15,500 pa and £4,500 rates. The retail unit benefits from a full security system including 2 safes, c. C. T. V, alarm and electric shutters. The business is being offered with a full it system to include bespoke software and an excellent customer database which exceeds 1800 individuals. This business has huge future potential and with the benefit of a full relaunch, hands on managment and the appropriate capital investment required it represents an exellent opportunity to far exceed its first year turnover in the hands of an individual or as a bolt on for an existing business of this nature, if required a full handover period including appropriate training is offered. | | | | | | FOR SALE | | | | | REFERENCE: | 62926 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
