Business for Sale in EXETER, DEVON - PICTURE FRAMING STUDIO & GALLERY, DEVON CITY CENTRE - Leasehold: £69,000

Key Information

Ref
ACY33573N
Type
Retail Businesses: Picture Framing Shops
Location
England: Devon
Tenure
Leasehold
Status
For Sale
Annual Sales
£80,811 Ex Vat
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PICTURE FRAMING STUDIO & GALLERY, DEVON CITY CENTRE - Lucrative, high profile trading position but enjoying favourable overheads with rent and rates just over £150 per week. Situated on main shopping thoroughfare, with car parks nearby. Easily accessible, on street car parking immediately in front of premises providing easy drop off and collection for customers. Eye catching double fronted character premises. Providing gallery with professional hanging system, mount cutting room with state of art computerised Gunnar F1 mount cutter. Additional comprehensively equipped workshop, assembly room, storage, kitchen and cloakroom facilities. Benefits from two valuable staff car parking spaces. Providing a top quality framing service, substantial customer base of local artists and private individuals providing regular repeat trade, abundance of work in hand at any one time, also retailing quality art from which commissions are received. Income in 2018 over £80,000 ex Vat, Gross Profit over £56,000 Net Profits in excess of £40,000, easily manageable, operates 4 1/2 day week with scope to expand retail/framing business. Currently operated by a couple on a part-time basis, could be run by one person. No previous experience necessary, full training/handover available. Leasehold £69,000 sav Ref: ACY33573N

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