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East Yorkshire - Opticians For Sale

Cottingham, East Riding of Yorkshire
Asking Price:
£69,950 Furniture / Fixtures included
Turnover:
£89,000
Net Profit:
Available on request

Trading Over 30 Years
Annual Turnover £89,000
Strong Gross Profit of 81%
Excellent Town Centre Location
Extensive Database
EPC - E

Blacks Brokers are delighted to bring to the market this leasehold opticians located in Cottingham, East Yorkshire.

Buckingham Opticians has been trading from this location since 2011 however, the opticians first became established more than thirty years ago and therefore has earned an enviable reputation in the area. The business is only being offered for sale due to the owners’ other business interests.

Cottingham is a large village just 4.5 miles from the City Centre of Hull. The business itself is situated on the busy main street through Cottingham an extremely affluent area. Other businesses on the street are chemists, eateries and convenience stores. The business operates from this attractive single fronted unit. Although the building is a two storey construction the lease only concerns itself with the ground floor. The business also offers one private parking space.

Once inside the building there is a reception area with attractive display items, a central desk for the receptionist and various free standing and wall mounted units. This area leads through to the main opticians consultation room.

Financially, the business produces steady figures with extremely high gross profits. The customer base, as one would expect, has been built up over decades of trading and therefore is extensive. The business enjoys repeat custom and builds new clients through recommendations and referrals. This business would suit an owner who could have a more hands on approach, as currently the business only offers eye tests on specific days and this impacts on the trading figures. There are plenty of additional trading opportunities to build upon the business and push the business forward on to the next level.

Buckingham Opticians is a well-established opticians with steady turnover and impressive gross profits with ample opportunity to exploit potential trading opportunities to increase turnover and add to its already impressive profit levels. Early viewings are advised as a swift completion is anticipated.

Please note: the Buckingham name is not included in the sale of the business.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 09:00 - 17:00
SAT (Alternate): 09:00 - 12:30

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