Price Reduced
Listed by:
Price Reduction for a Quick Sale ****
Design, Print & Copy Franchise - Somerset
PRICE REDUCTION – Quick Sale required due to personal circumstances of vendor -
Established over 20 years -
Very limited competition -
Town centre location -
New lease available -
Well fitted out -
Ideal for owner manager -
BUSINESS:
This design, print and copy shop has been established for over 22 years. It is part of the well-respected national franchise, Prontaprint, offering services to both the commercial and retail world. It is an expanding and busy town with numerous schools, plus a Sixth Form/Higher Education College.
The business has very little direct local competition and, as such, has been the local market leader for over 20 years. The business has an excellent reputation and the potential to develop still further.
Established on two floors, the premises consist of the retail area, two work areas, a store room and cloakroom.
A quick sale is required due to personal circumstances of vendor – hence the price of £10,000, plus franchise cost.
LOCATION:
The business is situated in the centre of the town, close to the library, bus stops and the pedestrian area.
TENURE:
Leasehold. The premises are held under a 25-year lease which commenced in 1983 at a current rent of £12,500 per annum. We understand that a new lease will be available.
ESTABLISHED:
23+ years
EMPLOYEES:
The vendor informs us that under normal circumstances the business can be run by one full-time owner/manager and two part-time assistants.
TRADING HOURS:
Monday - Friday 8.45am – 5.15pm
Saturday & Sunday Closed
SALES REVENUE:
The turnover for the year ending 30th April 2007 was around £107,800. However, in previous years, the turnover was between £122,000 and £132,000, the reduction in turnover largely being due to the vendors having other business interests which took up more of their time, meaning that less time was spent on day-to-day activities at the print shop.
Please note that if a business is VAT registered, all figures exclude VAT.
OPPORTUNITIES:
An excellent opportunity for a highly motivated person, ideally with a management background and/or IT skills. Experience in sales and marketing also would be an advantage.
GUIDE PRICE:
The vendors are seeking £10,000 plus stock at valuation, for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory.
The above price excludes the Franchise Fee which is payable to the Franchisor.
SUPPORT & TRAINING:
If required appropriate training will be provided by the vendors after Exchange of Contracts has taken place.
FINANCE:
Finance can be arranged for the purchase of this business. Contact Adams & Co for further details.
FULL PARTICULARS:
Please telephone or Email for full particulars.
Thank you for your interest in this business opportunity.
It is part of the well-respected national franchise, Prontaprint, offering services to both the commercial and retail world.
For more information about this business for sale, click the Contact Seller button.
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