Leasehold Fancy Dress & Party Goods
Location England
Asking Price Range < $250K
Gross Revenues $106589
Net Profit / Cash Flow $73546
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD FANCY DRESS AND PARTY GOODS BUSINESS FOR SALE. ASKING FOR œ60,000. Advent Business Sales have been instructed to offer for sale this well established and popular business. Established 9 years ago by the vendors, it is now reluctantly offered for sale due to the vendor's retirement plans.
The business occupies an attractive double fronted premise and provides a wide range of fancy dress costumes with the current stock of costumes being approximately 1,300 plus a range of party goods, balloons and gas and is ideally located due to the high volumes of passing traffic and the high student population in the surrounding area.
The business is currently advertised in the Yellow pages and on Yell.com and there is a website which has a very high hit rate, as it is designed with key words for high visibility on search engines such as Yahoo and Google. There is minimal local competition.
BUSINESS PREMISES - A highly visible attractive double fronted premises decorated to a high standard with the added security of an alarm of Redcare, CCTV and security grills and consisting of the following:
Ground Floor: Glass frontage with entrance door leading into main sales area with archway into second main sales area. 3 changing cubicles. Kitchen to rear of each unit and w/c to rear of each unit (x2). Entrances to large cellars currently used for storage. External: Paved to road at front. Loading to rear with space available to rent in private car park if required.
TENURE - Leasehold. Original lease - 3 years. Remaining lease - 2.5 years. Review every - 3 years. Rent - œ11,510 + VAT per annum. We are advised that the annual business rates are currently: œ3,000.
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