We have traded since 1995, the owners are looking to retire.
The business is very profitable and much of the business is repeat custom.
We have an epos system with integrated website which can be updated to gain more income
The staff are longstanding and very knowledgeable
The shops are in good repair and in 2 towns which are currently being regenerated which will make the areas even more attractive
Both shops have upstairs, one currently used as workshops and the other branch used as further retail space, they could be converted into flats which many local shops have done
We are members of Euronics and the shares in this group would also need to be purchased
- Asking Price:
- £565,000
- Turnover:
- On request
- Net Profit:
- On request
Property Information
- Property:
-
Freehold
- Location:
-
both shops are located in Telford
- Premises Details:
-
2 freehold premises both with upstairs
- Size in square feet:
- 4504sq ft net internal shop 1 and 1577sqft shop 2
- Energy Performance Rating:
- C
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
the website can certainly be made much better and also upstairs in both buildings could be used as residential if converted
- Competition / Market:
-
only competition has been in Telford since before we started trading and has not affected us
- Reasons for selling:
-
retirement
- Trading hours:
-
Monday to Friday 8.30am to 5pm and Saturday 8.30am to 4.30pm
- Employees:
- 8
- Years established:
- 1995
Other Information
- Support & training:
-
staff have over 20 years experience so can run business competently but Director will offer a paid short consultancy period
- Relocatable:
- This business can be relocated
