For sale £27,500 - General Retail
Speciality retailer for everything party related, balloons fancy dress, room dressing,everything you could possibly need for that special occasion whether it’s your child’s 5th Birthday Party and you’re having some of their friends around, to novelty goods and costumes for the Hen or Stag Party.
Based in a single glass fronted premises on a popular high street close to the town centre this business trades 5 days a week ( not Sunday or Monday). With over 700sq feet of display area there is ample space to display stock, and attract passing trade. Though established in 1998 the shop is well known locally and has a strong loyal following. They have made a name for themselves with their
balloon displays, offering a wide range of shapes and sizes, they also offer room dressing, and supply a number of local business with displays.
Run by a husband and wife team, for the past 19 years, it’s time for a change of career so with new opportunities beckoning they are keen to transition the store to new owners who they hope will take the business forward into new areas
The premises, comprise of three adjoining rooms used for displaying stock with a small central counter with EPOS system, beneath there is a large cellar for storage and above there is owner accommodation comprising 2-3 bedrooms, a reception room and separate kitchen and bathroom. Access is gained either through the front or the rear of the shop.
The Business would suit new owners keen to develop on a profitable business ready to mould to their own vision, currently run with just the assistance of a Saturday employee, the business could be run by 1 or 2 people. Trading has been ca £ 80-90 K pa for the past 2-3 years producing net profits of £25-30K
Rent is £15,000 for the whole premises, rates currently £50 pa should reduce to zero in the coming year.
The business is offered with all fixtures and fittings ready to trade (full list available on viewing). Offers are invited for the business to include all assets and goodwill on a cash free debt free basis. A full profile is available once a confidentiality & non disclosure agreement has been signed.
All enquiries to:David Howard
City Business Brokers
400 Pavilion Drive, Northampton Business Park, Northampton, NN4 7PA
01604 385040M: 07794729634