For sale £40,000 - General Retail
City Business are pleased to bring to the market this well established growing business. Located on a popular high street
It offers all things for sewing needlework, patchwork, material and knitting.
Now established over 5 years the business has grown to a turnover of £ 50K pa, and with low rent and benefiting from full rate relief together with good gross margins it generates a good return.
The business offers a wide range of Haberdashery products, materials buttons needles and wool together with a full range of accessories. The business sells and services sewing machines and offers a full repair and alterations service
Currently run mainly as a managed operation trading 6 days a week the business would really suit someone looking for a lifestyle business to support a passion for needlework or similar.
The premises is a single fronted shop on a local high street with parking on the road to the front. The main shop is laid out with materials wools & accessories all on display, below there is a basement workshop and storage area with rear access for loading and on to a parking space.
Rent is £625 pm (including parking space to rear of shop) a new lease will be available by agreement for the new owners. Currently the business benefits from full rate relief.
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
Current stock holding is approximately £5,000
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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