Business for Sale Overview:
Established over 20 years ago this thriving business has a massive range of titles to rent, from the latest, greatest new releases, to classics from the past, Bollywood, TV, thrillers and much more. In fact films for every occasion and something for all the family.
As well as hire of DVD's and games the business also sells DVD's, games, machines, accessories and equipment. They are agents for Amazon and have a row of computers with internet access for the general public at realistic rates.
The sale includes not only this lucrative business but also includes the freehold of the shop and a flat above and the freehold for another two flats above, both let on leasehold and generating ground rent per year. They also pay service and insurance costs and fees to the owner on a yearly basis.
The business is almost entirely staff run with the owner making occasional appearances as required, for overall running and banking etc.
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:
This is a substantial property with a fully fitted and well designed interior layout and with glass double fronted exterior, located on a busy main road with heavy passing traffic and footfall. There is ample on road parking available and the location and property should be viewed to appreciate the full value. There is also one flat owned with shop plus another two flats above, both let on leasehold and generating ground rent per year. They also pay service and insurance costs and fees to the owner on a yearly basis.
Market Competition and Expansion:
The business does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium. A professionally designed website could allow potential customers to view the extensive range of brand name carpets on offer, and give excellent potential to increase the turnover in the future.
Having been established over 20 years this business does nothing by way of advertising, enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for its unique, high quality service. Again a more cohesive approach to marketing and advertising would undoubtedly produce significant results.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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