Hilton Smythe is delighted to bring to the market Moodies.
Moodies is a stationery shop that supplies products that include general stationery, office supplies, cards, art and craft materials and party accessories but reluctantly our client has now decided to sell the business due to a well-earned retirement. The business is currently generating a turnover of £38,500 per annum and has a gross profit of 43%
Although this is a very healthy figure we feel there is scope to improve this by possibly creating a website and delivery service so customers that live further away could order online.
The current product range could be expanded or new lines introduced as the first and second floors are currently underutilised.
The business is also completed with a Facebook page so customers are kept up to date with restocked products, new products and opening times. The page currently has 194 likes and has a 5 star rating when it comes to reviews on the shop. The business has been established by the same family for over 80 years but is a great opportunity for an enthusiastic new owner to take the business to the next level.
We highly recommend an early viewing on this business.
Moodies is located in Stranraer, Dumfries and Galloway.
Stranraer is currently home to 13,000 people and in the south of Scotland. The business is situated in the heart of the town centre which is a prime location with ample passing trade from tourists and locals in the area. As well as the stationery shop there are other thriving businesses including a butchers, hair salon, convenience store and national retailers. There is also free parking nearby.
The closest bus stop from Moodies is a short walk away from the business and Stranraer’s train station is a 5 minute drive away.
The business premises is a single fronted property which is well signed and presented with a main entrance that opens up into a large space which is home to 3 glass display cases along the long serving counter with a till situated in the middle.
Display stands and perimeter shelving are placed on the walls around the shop. Through to the arts and craft sections which opens up into 2 retail spaces and one of these provides access to the upstairs, while the other provides access to the card and accessories area which is fitted with display stands, card racks and full retail fixtures and fittings.
Stairs that lead to the first floor which has a separate entrance from the main road. The staff toilets are found part way up the stairs.
On the first floor there are two large separate rooms one of which is currently used as the business office and the second is used for storage.
The Second Floor
The second floor has two separate large rooms that are currently unused which might be possible to rent out as accommodation for another business as there is already access to the floors from the main road.
Equipment included in the sale
All General Fixtures and fittings
3 Glass Fronted and Topped Display Cases
We are advised that the business is Freehold.
The business is open from:
Monday, Tuesday, Thursday and Friday: 9:00am – 5:00pm
Wednesday: 9:00am – 1:00pm
Saturday: 9:00am – 4:30pm
Sunday – Closed
The business is currently run by the 2 owners.
The business reports an annual turnover of £38,500 and 43%
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