 | Radio Controlled Model Shop For Sale Undisclosed, West Midlands, United Kingdom Advert ref: 1424JMH FINANCIAL DETAILS | Asking price: £19,995 Sales revenue: £300,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Radio Controlled specialist model shop which concentrates on Cars, Planes and Helicopters, as well as a full range of accessories and spares. This business is one of the top retail outlets in the Midlands and has an excellent e-commerce website. Sales are on target for a 20% increase to April 2008.
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GENERAL INFORMATION | Trading hours: Monday - Saturday, 9.30am - 6.00pm
Property: Leasehold
Lease terms
Leasehold – a fully renewable 3 year lease, at a current rental of £7,500 per annum. The lease is currently up for renewal, and we understand that the landlord is happy to enter into negotiations for a new lease, with terms to be agreed.
Location
Excellent secondary location in small parade of shops, with free parking outside and also close by.
Expansion potential
This is an excellent business with a first class reputation and would suit any new owner with the necessary skill set.
Support & training
Excellent handover assured.
Reasons for selling
The owner wishes to pursue other business interests.
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The Business Partnership - Birmingham, West Midlands, Hereford & Worcester | | | |
