Well Established Gun Shop in West Midlands For Sale

Situated on an Industrial Estate, excellent trading position, office and commercial area, WEST MIDLANDS.

Turnover £ 14,000
Price £295,000

Features

Well Established Gun Shop Plus Sports Clothing

CUSTOMER PARKING

6 DAYS OPENING

PREMISES in the region of 2,500 ft². Heavy duty carpeted floor, suspended ceiling with concealed lighting. Glass sales counter displaying air pistols and knives, cash register, display shelving for rifle's, additional glass display counters, hanging rails for clothing, modern adjustable shelving, etc.

Stockroom

Toilet with w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £14,000 p.w. with a gross profit of 26%/32% approx.

Staff

The business is at present operated by the vendor with 2 full time staff & 3 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 8.30am - 4.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a 1 year rolling lease from a private landlord at a current rent of £10,300 p.a. plus VAT

Business Rates from April 2022 Nil payable at present. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1998 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE ROLLING LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION (£120,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 147,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote