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Reference M4735

Toy & Gift Shop in Surrey for sale

Location
Situated in a parade, excellent trading position, SURREY

Features
Spacious well Fitted Old Established Toys Plus Stationery & Greeting Cards

This old established business has been in the same hands for the past 34 years & is now offered for sale due to retirement.

Electric metal shutters to SPACIOUS SALES SHOP probably in the region of 1,400 sq. ft. sales area. The equipment includes shelving, display stands, 9 greeting card display stands with drawers under, 1 additional greeting card display stand with gift wrapping paper section, 2 counters, 2 electric cash registers etc.

Staff w.c.
Kitchen

Turnover
WE ARE INFORMED the turnover is in the region of 4,500 p.w. inclusive of VAT, in our opinion offering tremendous potential for further development in the right hands. We are further advised that approximately 40% of the turnover is in respect of stationery & greeting card sales. Gross profit in the region of 45%. The gross profit is achieved with a good balance of stationery, greeting cards & toys sales.

Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 44,500 or near offer plus STOCK AT VALUATION (45,000/50,000 approx. at cost)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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