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Independent High St Photographic Outlet For Sale

Lincolnshire, UK
Asking Price:
£35,000
Turnover:
Available on request
Net Profit:
Available on request

This very well-established business is extremely well known within the region, with a strong reputation for quality and service, customers coming from all over the region. Sales consistently in excess of £120k, with the opportunity to expand on this with more of a focus on the photography studio side of the business. The retail shop offers a great selection and a superior service and the finest standard of finish from a locket size to a poster size, all produced in house. All the equipment is included in the asking price and a full list is available on request.

Our Opinion:
This is a rare opportunity to acquire this well located photographic retail outlet in this well known and popular S.Lincolnshire market town. It will, however, be a distinct advantage to have a degree of knowledge in print processing or experience in photography. The existing owner will provide a reasonable handover and training where required. There has not been as much concentration on the photography studio, family portraits, passport or ID photo side of things and there will be a great potential to expand the sales in this area of the business. The lease is currently on a year to year rolling basis and a new lease will need to agreed with the landlord.

This is a strictly confidential sale and all enquirers will need to complete an NDA

Key features:
- Established for over 20 years.
- Retail shop prime location
- Photography Studio with separate entrance
- Extensive processing equipment included in sale
- No real competition locally
- On-site production and printing
- Many specialised services
- Wide range of frames, albums and photography accessories
- Genuine reason for sale

Property Information

Property:

Leasehold

Lease Terms:

Each party to be responsible for their own legal and professional fees, but the purchaser should note that they will be responsible for the Landlords reasonable legal costs in connection with the preparation of the New Lease.

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