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Enviable Town Centre Location
Financial Information Available After Viewing
Gross Profit 70% Confectionery / 40% Toys
Popular Tourist Destination
New Lease Available
Reliable Staff In Place
No Direct Competition
Exclusive Product Range
Handover Period Offered
Scope For Christmas Club
Potential To Expand Product Lines
Scope To Expand Opening Hours
REF 6909 – Leasehold Toy & Confectionery Franchise -
Blacks Brokers are pleased to bring to the market this leasehold toy and confectionery franchise proposition located in the stunning, historical town of Beaumaris on the Isle of Anglesey.
Sugacane Toys & Candy trades from seven locations around the UK. The Beaumaris store was established by our client in 2018 with the objective of becoming a franchised store. The business offers a range of the latest toys from Lego to Pokemon, is a member of Toymaster and the only toy store on Anglesey to stock all major toy brands. As a candy store, the business benefits from over eighteen years of industry knowledge. Sugacane Toys & Candy recently acquired their own candy factory based in South Wales. This has been making confectionery since 1867 and is famous for making Sir Winston Churchill’s favourite mint “lossin dant”. In addition to this, two further famous Welsh confectionery brands came under the stewardship of the company - Welsh Pantry and Daffodil Cottage, both of which have been servicing the Welsh tourism market since 1960. This has created a unique business model not seen anywhere else in Wales and gives a new owner direct access to products from the sweet factory along with exclusivity on Welsh Pantry lines that have been designed for the store. The store benefits from a very loyal customer base and our client has secured a superb reputation within the area. Sugacane Toys & Candy has a comprehensive website in place.
Sugacane Toys & Candy occupies a superb high street trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including mainly independent retailers. The area is well linked by the A55 with very strong public transport links and parking is available in the immediate area. Beaumaris is a very seasonal town with 65%-70% of the turnover coming during the summer months. However with the promotion of the toy department and the ability to obtain toys from head office under a Christmas catalogue promotion, the winter brings much scope for expansion. The position of the store within this beautiful town is exceptional, located only yards from the seafront and the historic castle.
REASON FOR SALE
This store has been carefully designed to be the company’s first franchise proposition. Our client has created an exciting opportunity in a highly sought after for a new owner to acquire an affordable franchise with franchise fees of only £100 per week. The new owner will receive access to exclusive products as noted above as well as full head office support.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new five year lease will be made available upon the sale of the business. This will run at a cost of £346 per week.
The business operates with three part time members of staff in employment. Our client manages the business remotely and a new owner may look to work on a full or part time basis, depending on requirements. During the summer months, additional members of staff are employed on an ad-hoc basis.
The business generates a 70% profit margin on candy sales and an average profit margin of 45% for toys. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well established business occupies an enviable trading position in a bustling and popular area of Beaumaris. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines, longer opening hours and a new Christmas club to expand winter trade. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
MON - SAT: 09:30 - 17:00
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