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Asking Price
£49,950
Description
Retirement has created an opportunity to acquire a splendid going concern in a vibrant locality. The business retails a very comprehensive range of stationery and crafts. The list below gives an idea of items sold, but by no means is exhaustive: - Stationery for offices, schools and home - Crafts for people making their own jewellery and greetings cards - Artists materials - Gift pens - Photo copying (speed print for same day for business cards and letterheads) - Cartridges There is also some sale made to customers who have credit accounts - about £600 per month. The vendor informs us that all accounts are settled within 30 days. Stock at cost is in the region of £20,000. The vendor is willing to conduct a handover period if necessary over 2 to 4 weeks. The owner, due to his age and impending retirement employs three part time staff with the vendor working four days per week. A working owner could easily increase net profits by reducing the wage bill. An area for immediate growth would be marketing the services to the many small businesses within Arnold itself and perhaps offering them 30 days terms. This would make an ideal purchase as a new business venture or for a stationer looking to expand his retail outlet - especially with the excellent location.
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