Leasehold Pottery And Gift Ware Business For Sale
Location England
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description POTTERY AND GIFT WARE PRICE 9,000 + SAV.
Advent Business Sales is pleased to offer to the market this niche pottery and gifts retailer based in a modern shopping centre in Warwickshire. The business, which was established by the vendor is only now being reluctantly offered for sale due to family ill health.
The shop offers many famous and very collectible pottery items by names such as Anita Harris, Dartington, Babbacombe, Honiton and Janice Tchalenko and prides itself on selling one off products that are not available elsewhere.
They also stock natural skin care products, hand made cards, bonsai trees, paintings by local artists, lighting, rugs, costume jewellery and house ware. The business benefits from a growing level of repeat business due to the owners excellent reputation and location. The customer base is mostly local but tourism is growing steadily and now accounts for approximately 10% of trade. The business is staffed purely by our vendor and achieves its current sales levels with no advertising whatsoever with most new trade coming via personal recommendation. The premises are decorated to a very high standard with a new purchaser being able to trade from day one with no further work to do.
EXPANSION POTENTIAL
There is excellent potential for growth including product sales by the internet, local advertising and pottery and art lessons in the shop.
We are advised that stock is approximately A5,000 at cost.
Weekly sales: 600
Gross Profit: 50%
TENURE: Leasehold
Original lease: 5 years
Remaining lease: 4.5 years
Review every: 5 years
Rent: 12,600 per annum
Click Here To Contact Seller
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