Paint Shop Business For Sale

Price:

Leasehold - £24,995

Seller Ref:

DBS100017

Location:

Essex

Business Type:

Retail businesses, Service Businesses

See Other:

Other retail businesses for sale in Essex
Other service businesses for sale in Essex
Home & garden services for sale in Essex
Retail businesses for sale in Essex
Service businesses for sale in Essex

Description:

THE BUSINESS:

Established over 30 years ago and owned by the current vendor since 1981 this business has come to the market through a very genuine reason for sale. The business operates from an affluent village location in South East Essex in a large double fronted premises with parking for approximately 8 cars. The business sells everything needed for decorative home improvements and is well know for being a wallpaper specialist. This completely stand alone business is unopposed, on the main road and surrounded by residential homes. As well as being stockists of all the major brands, inclusive of Dulux and Crown the business also carries over 300 patent books.Turnover:The latest set of accounts show a turnover in excess of £70,000 with a gross profit margin of approximately 40%.Potential:The vendor believes that a younger, more enthusiastic, new owner/operator would really increase trade and profits.Reason for Sale:The Vendor is past the age of retirement and has decided to sell.Equipment:A full complement of equipment is included in the sale.Stock:Stock to be purchased separately at valuation, approximately £15,000Rates:Business rates payable of approximately £3,391 per annum.Legal Fees:Vendor and purchaser to be responsible for their own legal costs, Purchaser to meet landlords reasonable costs when establishing any new lease.

Location Details:

Property:A superb double fronted premises with floor to ceiling road facing display windows and entrance doors either side. Door into the large open plan showroom. There is a huge range of products on displays and shelving with pull out slats with wallpaper for show purposes. There are staff toilets, small storage and an office to the rear of the premises. The property has rear access to a garden with 3 outbuildings used as storage. A large drive on forecourt to the front of the building accommodating approximately 8 cars.

Trading Hours:

9am to 5pm Monday to Saturday