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Picture Framing, Art Gallery And Greetings Cards For Sale

East London, London, UK
Asking Price:
£60,000
Turnover:
£143,000
Net Profit:
Undisclosed

4 DAYS OPENING

- Sale due to potential move abroad.

- Well established Bespoke Picture Framing Gallery and workshop with 15 years trading

- Double fronted shop with shutters

- Located on busy main road with prestigious shops and tourist attractions nearby.

- Ideal for owner occupation but can be run by two staff.

- Currently trading four days a week, there is an opportunity to expand trading hours and boost income.

- Excellent reputation and potential for growth.

- The asking price can be recouped in two years with the net profit as it stands

- Strong base of loyal repeat customers

- We are open to offer support and training if needed

- After over 30 years in the framing industry we are looking forward to retirement.

DOUBLE FRONTED PREMISES in the region of 680 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED Panel lights, Air conditioning with hot air, sales counter, cash register

Show Room

2 Work Shop Room.

Staff Toilet with w.c. and wash hand basin.

Staff Kitchen. New central heating boiler.

LOCATION: Situated in a Parade, excellent trading position, residential and commercial area, East London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £2,750 p.w. with a Gross profit of 50% approx. We are advised the sales for year ended 2025 showed turnover of £141, 013. Gross profit £84,083 (59.6%)

STAFFING: The business is at present operated by 1 of the partners with 1 self employed staff.

PRICE: TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£10,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold