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Business For Sale
HOBBY SHOP
Attn:
Andrew Hudson
'Cornwall', United Kingdom, GB
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Listing Number: "AH041"
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Listing
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Asking Price: |
$75,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Miscellaneous: Products
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Reason for Selling:
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Owners now wish to pursue new challenges abroad. |
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Yearly Revenues:
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$255,000 |
Business for Sale Overview:
This business was established in 1996 and through the hard work and determination of its owners is now the largest model and hobby shop in the region. It has flourished because of its policy to constantly reinvest its profits into developing the business and therefore reaching an ever-widening range of customers of all ages and interests. It has also developed a very significant Christmas decoration trade and annually supplies local towns and villages with around twenty-eight tons of festive lighting and displays.
Property Features and Assets:
The leasehold premises are located on the high street of a well-known Cornish town. Visitors quickly discover that the three thousand seven hundred square feet of floor space are well utilised with extensive stock displays. A room to the rear is used to house Christmas lighting and plays host to Father Christmas in a specially built grotto. There is an additional store room or office upstairs along with a kitchen and male / female toilets. The property is available on a 3, 5 or 10 year rolling lease at a cost of £13,200 per annum. The low cost of the premises and local labour also have a very significant positive impact on profitability.
Market Competition and Expansion:
The business owns a number of web sites depending on the specific area of interest. These are populated with photographs, descriptions and prices of around four thousand individual items of stock. The operation also advertises in some specialist magazines, in local shops, holiday parks, campsites. hospitals and surgeries along with schools and colleges in the area. They can also be regularly heard on local radio
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