Cards Gifts & Accessories Retailer | | Undisclosed Shropshire | | CARDS GIFTS & ACCESSORIES RETAILER Town ctr location in stunning historic town Vast range of gifts & accs high levels of tourist trade A/T: £57,100 GP: £25,800 Excellent potential to inc trade L/H: £43,000 +SAV REF: 1072TF | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64112
ADVERT IMPRESSIONS : 14,656 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £43000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Located in stunning historic and quaint town
• Birthplace of the modern Olympics with frequent TV & media interest
• Positioned centrally in town centre square
• Surrounded by many smaller affluent towns and villages
• Local parking
HISTORY
• Established 22 years by current vendor
• Consistent levels of turnover and profits since inception
• Strong local customer base
• High levels of tourist activity and visitors
• Historic Olympic town with famous mascot named after it.
• Repeat business and enviable reputation
• 2012 Olympics could see visitors double in numbers
REASON FOR SALE
• Vendor retirement
PRODUCTS
• Cards, gifts and wrapping paper
• General accessories
• Perfumes and aftershaves from Floris
• Pottery and glassware by Dartington Crystal
• Ladies creams and fragranced products by Arran Aromatics
• Art
• Books
• Jewellery by Carrie Elspeth
• Male orientated gifts from Leatherman
• Souvenirs and local history products
CUSTOMERS
• Predominantly local customer base
• Out of town trade by way of recognition and word of mouth
• Visitors, tourists and passers by
SUPPLIERS
• Products supplied through a variety of trade sources
STAFF
• Vendor
TRADING HOURS
• Monday to Saturday 9:00am to 5:00pm
• Sunday closed
FINANCIALS
• Turnover 2009 £56,600
• Gross Profit 2009 £26,700
• Turnover 2010 £57,100
• Gross Profit 2010 £25,800
PREMISES
• Beautifully presented, eccentric and rustic ambience
• Ground floor retail area
• Large front of shop display area double aspect
• Triple window display
• Centrally located on town centre square
STRENGTHS
• Very well established both in town and surrounding areas with reputation for upmarket products
• Surrounded by many townships and villages
• High levels of footfall due to ideal town centre location steeped in history
• Very low overheads
• Can be ran by vendor only
• Strong community feeling
• Surrounded by complementary businesses
SCOPE
• Scope to increase web marketing and presence
• Business development activity is currently low
• Introduction of different product ranges, e.g. fresh cut flowers, chocolates or local produce
TENURE
• Leasehold
• Original Lease 7 years
• Remaining 2 years
• Rent £8,000pa
• Rates £1,060 pa
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1072TF / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
