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Thu, Jun 20 2024 12:26:29 AM  |  /

RB04-ABS-Picture Framers & Frame Makers Business for sale

Business Id:000886     |    Reference: RB04-ABS
Leasehold Price:
£80,000.00
Business Description

Confidential Sale of an established and profitable picture framing company, ideally located in a beautiful North Yorkshire, seaside town location.

The Company commenced trading in 2011 and is now available for sale due to the relocation of the owners.

The premises occupy an excellent trading position in town, with a superb window display, within the town centre, with thousands of people passing from both the train station and shoppers.

The neighboring businesses, include a Thai fusion restaurant and bar, a gift shop, and a teashop and cocktail bar. 

The business is easily accessible with car parking and rail station close by, surrounded by desirable residential properties, and enjoys favourable overheads, with an annual rent of £8,000 per year despite the excellent trading position, no rates are payable because 100% business rate relief is available.

This is a very respected business, trading within the town for some 11 years, offering a quality and efficient service, ensuring a regular repeat trade.

The business enjoys the entire market for East Cleveland as well as regular customers from Middlesbrough, Northallerton, and Hartlepool.

Technology.

The business uses the Sumup Point of Sale system which enables management of the business to track sales and check stock.

 Current trading. 

The business has recently introduced new ranges of additional sales products and had a recent refit making it more accessible and inviting.

 Framing sales are steady with growth due to a recent price increase that has not affected the business at all. The business has ample opportunity for growth as there is no local competition.

 
Business Information
Turnover:£66,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Picture Framing Shops
Statistic Information
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Business Profile
Equipment: na
Key strengths: na
Key Opportunities: na
Financial performance: na
Asking Price: na
Advertising and Marketing: na
Growth and Expansion: na
Premises: na
Business Hours: na
Employees: na
Support and Training: The current owners will provide full training and handover, if required, to the successful purchasers.

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