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Retailer Supplier of Office Stationery & Consumables
2x Shops; In-House printing of stationery & promotional material
This stationery business was established in 1994, and has served the local villages with a great variety of products and services. A major advantage of this business is its extensive range of products, in addition the business offers photocopying, printing passport photo services and office furniture supplies.
The business has grown steadily throughout its many years of trading and is well established, with a very good reputation for its reliablity and quality. It is pro-active in its approach and ensures that a good line of communication with the clients exists at all times. Services are flexible and are meticulous in the completion of clients’ instructions, ensuring that a personalised service is completed correctly.
The business’ reputation has resulted in its main form of advertising being that of word of mouth recommendation. References from satisfied clients has made this business successful, a reputation the business ensures with a professional approach at all times.
These two shops are fully fitted and located in the middle of each of these affluent villages; it is easy to get to and offers free parking. This business has a lot of growth potential and is ideal for someone who can take it on to the next level. Boasting a huge variety of products and services this business is busy all year round.
This business does not employ any staff as the owner works at the business full time. After so many years of trading the shops are very well established and very popular with the locals and the neighbouring areas. This is not an opportunity to be missed as this is an already very well established business providing a large range of products and services to its customers, being constantly in demand.
This business’s key strengths are its prime location and the wide range of products and services it offers.
The new owner has the opportunity to grow the business even further by introducing a sales and marketing strategy to take the business on to a new level. There is also an opportunity for the new owner to re-vamp the shops.
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Current Turnover circa £193,000 (Both shops)
Net profit circa £52,000 (Both shops)
Stock & Equipment Asset Value circa £60,000 (Both shops)
The Asking Price is for 100% of the assets of the company based on Net Assets being circa £60,000. There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net asset position as at completion.
Both premises are leasehold, the Egham shop is renewed on a 3 monthly basis and the Windlesham shop lease expires in June 2018. Both shops are similar in space, circa 800 square feet with a retail display area each and offices, storage and facilities to the back of each premises.
Windlesham - The rent per annum is £20,000 and the rates are £0. The rent is reviewed every five years.
Egham - The rent per annum is £24,000 and the rates are £12,000. The rent is reviewed every three months.
Each of the two shops is located in the heart of affluent villages and are ideally placed with plenty of parking available.
The business has used little advertising in the past and there is an excellent opportunity to increase the marketing of the products and services on offer. Advertising methods include the Yellow pages, Yell.com, and in local newsletters and programs.
Most of the business’s past growth has been as a result of excellent recommendations, bearing testimony to its high quality service and strong reputation of the business.
The owner would like to sell this business on due to other commitments.
The shops are open Monday to Friday 9.00am to 5.30pm and Saturday 9.30am to 2.30 pm
The owner is happy to train and handover the business to the new owner.
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