Classified Adverts from The GA
EXCLUSIVE DESIGN-LED GIFTS, LIFESTYLE GOODS & INTERIORS BUSINESS
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LOCATION
Derbyshire/
NATURE OF BUSINESS
Selling high end giftware ranging from jewellery, handbags, greeting cards, candles, pottery, soft toys as well as interiors furniture, pictures, mirrors, lighting. Established 14 years. Loyal customer base. Extensive quality mailing list unique to the business.
FINANCIAL INFORMATION
Financial year end 31 March
Turnover 170
Gross Profit 85
Net profit 45
LEASE TERMS
New 10 year lease. Rent £6,500 pa. Tenant only break clause at 5 years. Rent review at 5 years. Tenant responsible for interior.
STAFFING
The vendor works full time, assisted by a full-time manager & part-time staff on Saturdays & pre-Christmas.
EXPANSION POTENTIAL
- Extend opening times to include Sundays. Extend existing website to enable e-commerce.
- Utilise mailing list more pro-actively to add to the existing calendar of shopping events currently held.
- Open attractive cottage style rear garden to sell garden furniture & accessories.
- Promote existing interior design capability more widely.
- Promote wedding list service more pro-actively.
ACCOMMODATION
- Total sales area 850 square feet.
- 6 rooms over two floors.
- Kitchen, toilet, two stockrooms, lobby, garden & outbuildings.
- Parking for two cars.
- CCTV/alarm.
REASON FOR SALE
Owner selling due to retirement.
PRICE
£120,000 plus stock at cost (approximately £30,000).
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FOR MORE INFORMATION CONTACT JANE ON 01332874788
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