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7078DE DERBYSHIRE L/H£15,500 ANTIQUE SALES

Asking Price: GBP 15500
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Retail » Miscellaneous Retail
Description:
Advent Business Sales have been
instructed to offer for sale this
established and popular business.
Established 9 years ago by the vendor it
is now reluctantly offered for sale due
to the vendor’s retirement plans.
Operated solely by the vendor, the
business deals in a range of antiques
from collectables through to furniture
up to the 1950’s and will also on occasion
sell items on a sale or return basis from
regular clients.
The majority of the business is through
the retail outlet itself which is
currently not advertised and there is
further business obtained through fairs
throughout the UK, although this is
predominantly on smaller items rather
than furniture.
The business benefits from very low
rent and rates and this is an excellent
opportunity for an enthusiast to make
headway into becoming a full time
antiques dealer.
EXPANSION POTENTIAL
While the vendor has endeavoured to
ensure the business has an enviable
reputation within the area, there is still
potential for further growth of sales
through advertising locally. Further
sales can be acquired by increasing
opening hours.
TRADING HOURS
Mon: 9.30am – 3.00pm
Tues – Wed: Closed
Thurs – Fri: 9.30am – 3.00pm
Sat: 10.00am – 12.30pm
Sun: Closed
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Annual Sales: £15,464
Gross Profit: £10,879.94
Accounts will be made available to
interested parties after a viewing has
taken place.
Please let us know if you require finance
for the purchase of a business.
BUSINESS PREMISES
An attractive period premises with gas
central heating and the added security
of alarm system and consisting of the
following:
Ground Floor
? Pained glass display window and
entrance door leading into main
display and sales area
? Split level
? Doorway leading to stair well leading
down into cellar which is ground
level to rear of premises with w/c
and further storage area
External
? Paved to road at front
? Yard to rear
TENURE: Ongoing rental, lease
available from Landlord
Annual Rent: £40.00 per week
We are advised that the annual business
rates are currently: £47.00 per
month
 
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Financial Information:  
Annual gross sales: (GBP) 15464
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2001
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon: 9.30am – 3.00pm
Reasons for selling:
 the vendor’s retirement plans.
Market competition and expansion:
 While the vendor has endeavoured to ensure the business has an enviable reputation within the area, there is still potential for further growth of sales through advertising locally. Further sales can be acquired by increasing opening hours.
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