Business Overview:
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable trophy business.
Founded approximately 25 years ago and in the hands of the current vendors for over 8 years, the business is now reluctantly being offered for sale to enable them to pursue a totally unrelated business opportunity.
The shop supplies trophies, medals, rosettes and shields for many/any sporting events.
In addition, they also engrave them or have them renovated or cleaned. They can also engrave jewelery.
The business employs one part time member of staff who works approximately 20 hours per week as well as the vendor full time.
The business has a large repeat customer base including colleges, schools, motor dealerships, city councils etc.
There is also a website available.
The vendor is prepared to assist a new purchaser for a period of time to ensure a smooth handover and familiarization of the business.
Trading Hours:
Mon – Fri: 9.30am – 5pm
Sat: 9.30am – 1.30pm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
Large ground floor lock up premises. Very attractive window display with side entrance door into main sales area with 2 center glass gondolas. Shelved displays around side walls with storage drawers under. Counter with till at rear with display under.
Through to large prep rooms with engraving machines and 2 desks. Through to rear office, with exit door to shared wc in lobby and then car park with 1 allocated space to shop. Further 2 rooms at the rear for storage.
Tenure: Leasehold
Original lease: 2 years
Remaining lease: 2 years
Review every: 2 years
Rent: £11,520 per annum, includes services charges
We are advised that the annual business rates are currently: £670.
Market Competition and Expansion:
The premises are large and there are 2 rear offices which could be sub let to produce good rental income.
For a small investment, the shop could offer a key cutting service.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: