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Business For Sale
PARTY SHOP
Attn: Not Available
South East London, United Kingdom, GB
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Listing Number: "CN031"
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Listing
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Asking Price: |
$55,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Miscellaneous: Non-classifiable
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Reason for Selling:
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The current owners wish to pursue other work commi |
Business for Sale Overview:
This business retails an extensive collection of party necessities and accessories! From birthday decorations, party supplies, hen night novelties, theme party wear, wedding balloons to anniversary decorations. The enormous selection of products on offer by this well loved community shop represents excellent value for money and has become a regular and popular destination for lunch-time workers and significant passing trade.
Established less than a year ago the business has been under the current ownership and has built a rapid reputation as a destination for those in the community, whether organizing a baby’s first birthday party to more corporate functions, this business is on hand with a large and varied amount of stock to suit any pocket. The business also offers free delivery and provides out sourcing for additional requirements such as cakes and recommended catering suppliers. The business has established an extensive customer base of loyal customers and is very efficiently run.
Property Features and Assets:
The business operates from a shop situated on a main high street in a busy location. The shop front extends to approximately 20 feet, and inside 550 square foot of shop floor with stock rooms. The premises are lease hold with eight years remaining on the existing lease. Annual rent is charged at £9,100 per annum, with rates charged additionally at £2,600.
Market Competition and Expansion:
Word of mouth recommendation and the prominence and quality of the premises are used to advertise and market this business. There is vast scope to generate further income by expanding the current methods of advertising. The company has no website registered in the name of the business, if constructed a professionally designed website could generate a large amount of interest and have excellent potential to increase turnover in the future.
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