Haberdashery Shops for sale in Gloucestershire

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £71,000 Price Reduced Annual Turnover: £159,000 Annual Net Profit: £35,000
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Business Description
Location
Em-Pwr Ltd Business Brokers is pleased to place onto the market this very successful business which is located just off the main Hgih Street of a historic Cotswold Market Town. This is a confidential sale.

Business Details
This business was established 30 years ago and the present Owners have operated the business for 10 years. The Owners are retiring.

The business stocks fabrics and haberdashery items including fabrics for clothing, specialist cotton for patchwork and quilting and tools. Also bridal and evening fabric are sold to order. It employs 7 part- time staff and operates with a full time owner.

There is no local competition and the nearest lies in large conurbations such as Swindon and Cheltenham.

The Owners are willing to offer a handover period and an observation period if required.

Financial Details
The annual turnover last accounting period was £159,779. The price includes all fixtures and fittings and the reported operating profit for the year ended 31.03.16 was £35,450.

Property Details
The property consists of a retail shop outlet.

Tenure
There is a new lease available and the rent is £13,800 pa. The rates are £1,132.67 pa.

Ref: 13272
Price: £71,000 plus SAV.

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR Business Brokers LTD. The information contained herein has not been verified by EM-PWR LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR BUSINESS BROKERS LTD regarding this business are subject to verification and should be independently corroborated.
Number of Employees: 7

Tenure: Leasehold

Competition: none

Support & Training:

Full support and training will be given along with an extended handover period

Location Details:

Em-Pwr Ltd Business Brokers is pleased to place onto the market this very successful business which is located just off the main Hgih Street of a historic Cotswold Market Town. This is a confidential sale.

Leasehold Term:

There is a new lease available and the rent is £13,800 pa. The rates are £1,132.67 pa.

Listed by: Em Pwr UK
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13272
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