Business for Sale in HONITON, DEVON - TROPHY/GLASSWARE ENGRAVING, KEY CUTTING & GIFTS - Leasehold: £43,000

Key Information

Ref
M33776N
Type
Service Businesses: Engraving Service Businesses
Location
England: Devon
Tenure
Leasehold
Status
For Sale
Annual Sales
£72,468 Ex Vat
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Respected TROPHY/GLASSWARE SUPPLIER & ENGRAVER, retailing a range of GIFTS, also undertaking some KEY CUTTING, thriving expanding EAST DEVON market town. Enjoys central HONITON town centre trading positon, adjacent main High Street, highly visible, fronting busy shopping/pedestrian thoroughfare, close national retailers, banks and shoppers car park. Eye catching premises, split level, well fitted lower gift retail/display area, raised work/engraving area, comprehensively equipped to include host of valuable laser/computerised engraving machines commanding substantial replacement cost, ensures wide range of engraving work can be undertaken, to include large bulk orders for clubs and societies. Favourable premises costs despite town centre trading position, rent just over £160 per week, receiving 100% business rate relief. Established within the town a substantial number of years, current ownership 15 years, first time on open market, substantial regular repeat trade, Sales £72,468, Gross Profit £44,438 (61%), can be operated by 1 person, ensures sound levels of profitability, benefiting from limited competition. Leasehold £43,000 sav Ref: M33776N

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