Advert Ref: R.0.140.D

Long Established Three Shops And E Commerce Business For Sale

  • Devon, United Kingdom
Asking price:
£140,000
Sales revenue:
£632,000
Net profit:
£70,000
Years established:
49 years
Employees:
12

Photograph of this business for sale

Three retail shops plus despatch/office, a few metres from each other selling a range of gift and sport items. Seasonal location so busy in summer and in quieter months staff are kept busy with internet sales. This produces a year round steady income thought to be around 50% retail, 50% internet. To be sold as a package with new leases on each shop. Freehold sale considered. Accommodation above shops available if required. Genuine retirement sale.

Property:
Leasehold
Lease terms:
The vendors own the freeholds of two shops plus the packing/despatch. New leases will be granted to suit new owners.
Living accomodation:
Available (one or 2 bed flat) by separate negotiation if wanted
Location:
Very close to the centre of the holiday resort town of Seaton, literally a stones throw from the beach.

Expansion potential:
Internet business continues to grow and grow
Support & training:
As required
Reasons for selling:
Retirement
Financing available:
There is a relatively high level pf stockholding. the owners are prepared to hold some stock on behalf of new owners and release on demand. Please contact County Business Sales for details.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

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