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Reference M5518
Turnover £ 2,200
Price
£79,500
Features
Printers, Stationers, Mail Box Virtual Address Service, Post & Parcel Printers Service & Shipper / Courier 85 Boxes
SINGLE FRONTED PREMISES, Ground floor 250 sq ft, first floor 625 sq ft - Carpet tiled flooring, tube lighting. Mail boxes to one side,. Sales counter, touchscreen till. Minolta C654 printer / copier (up to A3) with banner facility, 2 computers, display unit with packaging materials.
Storage cupboards
First floor (2 staircases)
Office with computer and desk
Work area used for packing, guliltine, bubble wrap holder, packaging materials storages, laminating and binding equipment. Filing cabinets.
Kitchen area, sink, fridge and microwave
Staff cloakroom with toilet and sink
Second floor - 2 rooms, used for storage, recycling machine
Basement used for storage.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,200 p.w. with a gross profit of 54% approx. We are advised sales for year end 2023 were £101,042. Gross profit £64,846. (64%)
Staff
The business is at present operated by the vendor with the assistance of 1 part time staff.
Trading Hours
5 Day week
MONDAY - FRIDAY 9.30 a.m - 4.30 p.m
In our opinion there is terrific potential for additional opening hours.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2012 with reviews every 5 years (next review 2027. with a break clause) at a current rent of £10,000 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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