| (REF: 1007SE) Household Goods Retailer In Delightful Area Of London |
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| Seller Reference: |
1007SE |
| B4S Reference: |
25832 |
| Asking Price: |
£50,000
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| Net Profit: |
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| Sales Revenue: |
£159,000 |
| Number of Staff: |
3 |
| Established For: |
3 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, South East London, United Kingdom |
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HISTORY
Established by vendor in 2008
Customer base has grown considerably over the years with exceptionally high repeat rate
Wide range of products to suit demand introduced with emphasis on hardware supplies and household goods
REASON FOR SALE
Vendor is seeking a change in lifestyle
PRODUCTS
Household goods including
o Cooking utensils
o Cutlery
o Vacuum consumables
o Cleaning products
o Storage boxes
Jewellery
Stationery
Toys
Electrical goods and consumables
Fancy goods
SERVICES
Western Union transfers
CUSTOMERS
Large local urban population
Visiting tourists
Students
Close to two high street supermarket chains
SUPPLIERS
Broad range of wholesalers
PREMISES AND EQUIPMENT
A traditional parade shop
Large window display
Pavement sales area
Sales counter
Racking and shelving appropriate to trade
Jewellery display cabinets
WC
Alarmed
CCTV
STRENGTHS
Very well established in the village with excellent local name
Highly visible site
Loyal repeat customer base
Consistent financial performance
Parking
High footfall
Close to local schools, colleges, parks and museums
All requisite equipment included
Delightful London location
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
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Property: |
Leasehold |
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Current Rent: |
22188 |
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Living Accommodation: |
No |
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Location: |
Positioned in parade of shops close to two metro style supermarket outlets
Off street Pay and Display parking in front of the parade
Located in an area of mixed commercial/residential/tourist and close to local amenities
Affluent London village with prestigious museum and parklands and colleges |
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Introduction of alternative product lines or additional services
Focus on margins
Considerable savings for working couple or family
No internet site at present
Additional deliveries and van sales
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Saturday 8.30am to 6.30pm
Sunday 10.30am to 4.30pm
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Vendor
1 full time manager
2 part time staff
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