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Quality Music Shop In Major Gloucestershire City For Sale

Gloucester, Gloucestershire
Asking Price:
£15,000 Furniture / Fixtures included
Turnover:
£267,871
Net Profit:
£47,803

ESTABLISHED 1974 QUALITY MUSIC SHOP in major Gloucestershire city. Net sales £267,871 per annum. Gross Profit margin 39%. NET PROFIT £47,803 to full-time working couple. Wide selection of instruments with quality agencies held (Roland, Fender, Marshall etc.). Trading from Grade II listed 3 storey lock-up retail premises with ample display and storage space. Leasehold. Retirement sale after 27 years of ownership. Priced to sell @ O.I.R.O £15,000 S.A.V. with stock discounted by 59% of book value from £132,000 to £54,000. Ref: DC/8556

Property information

Property:

Leasehold

Business Operation

Reasons for selling:

Retirement Sale

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