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Popular Model Railway Shop With High Turnover For Sale

Bournemouth, Dorset
Asking Price:
£24,995
Turnover:
£170,000
Net Profit:
Available on request

Business
Hilton Smythe is delighted to introduce to the market Bournemouth Model Railway Centre. This shop is very popular in the local area as it was first established by our client in 1974.

Over the years our client has thoroughly enjoyed running a business that is also a hobby. Our client is now reluctantly looking to sell due to the desire for retirement. The store specialises in model railway products and slot racing cars.

Running for over 41 years the store has an enviable reputation for its great selection of traditional and modern models. This includes a range of 500 Locomotions, Lomotive kits, and more than 8000 slot cars. The store is well known for being a Hornby service and collectors centre, this attracts a lot of repeat trade.

The business has a website on which it provides information, products and a price list for stock available. http://---.--------.---/ on the website you can order well-known brands such as Hornby, Peco, Trix, Marklin, LGB, Humbrol, Metcalfe and more. The business also supplies its products worldwide.

The business generates a fantastic turnover each year. We are advised the current turnover is an advised £160,000-£180,000 with a gross profit of 41%. We believe this could be increased by developing the website further and from starting a small advertising campaign. This will grab the attention of customers from further out of the town, therefore boosting sales and increasing turnover.

We are advised that the stock levels could be run down to between £200,000 - £250,000.

Hilton Smythe highly recommend early viewing to avoid disappointment. We are advised that our client would be happy to reduce stock down to suit the needs of the new buyer.

Location
Bournemouth Model Railway Centre is located on a busy main road in Bournemouth, Dorset.

Bournemouth is a fantastic coastal town, with a huge amount of footfall day on day. The business is located on a bustling retail parade on Holdenhurst Road. This road has several connection points to the A338, which is a well-used A road that runs through Bournemouth. There is a fantastic number of retail outlets in this area, next door is an independent garage door company and café. In the area there is a gym, car sales, garage, Coop, off licence and many more.

This is a popular area not too far from the sea front. The location is well connected by the public transport system with bus stops located close by. The closest train station is just down the road, this line runs through to Poole.

Premises
Bournemouth Model Railway Centre is located on a busy main road in Bournemouth, Dorset.

Bournemouth is a fantastic coastal town, with a huge amount of footfall day on day. The business is located on a bustling retail parade on Holdenhurst Road. This road has several connection points to the A338, which is a well-used A road that runs through Bournemouth. There is a fantastic number of retail outlets in this area, next door is an independent garage door company and café. In the area there is a gym, car sales, garage, Coop, off licence and many more.

This is a popular area not too far from the sea front. The location is well connected by the public transport system with bus stops located close by. The closest train station is just down the road, this line runs through to Poole.

Tenure
We are advised the business is leasehold

Information on the lease is to be advised.

Hours
The business opens:-

Monday: 9am – 5pm
Tuesday: 9am – 5pm
Wednesday: Closed
Thursday: 9am – 5pm
Friday: 9am – 5pm
Saturday: 9am – 5pm
Sunday: Closed

Staff
The business is run and managed by the owner.

Financial Profile
The business reports a turnover of £160,000 - £180,000 per annum
With a gross profit of 41%

Property information

Property:

Leasehold

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