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Established by our Client in 1990, and comprising an engraving business dealing exclusively with sports trophies and medals etc. These are mainly in the following disciplines: Archery, Swimming, Athletics, Cycling & Bowls. Our Client runs the business from a workshop within his rear garden, and therefore there are no premises being offered. Our Client is only offering the business for sale as part of his plans to retire abroad.
Turnover:
Accounts for the 11 month period ended 31st March 2010 show turnover of £40,218 with an adjusted net profit of £16,661.
Potential:
The business does have potential, given that it has no web based or other advertising, and that most, if not all, of the existing turnover comes from repeat business and recommendations.
Stock:
To be purchased separately at completion. Value approx £6,000.
Reason For Sale:
The vendor is retiring abroad.
Legal Fees:
Vendors and purchasers to meet their own legal costs.
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