Description:
This is the sale of a rare and niche business which specialises in Early Years and Key Stage (up to GCSE) learning aids, books, games and activities.
The retail shop is located in the South East and is attractively presented and spacious with thoughtful and colourful displays. There is a full e-commerce enabled website which supports the business and attracts a percentage of overall sales.
The business was established by the present owner in 2006 and has shown year-on-year growth with 2011 sales of £62,000 at good levels of gross profit. The vendor now wishes to move to the US hence his wish to sell.
Property: Leasehold, Rent £7,000 per annum
Retail single storey shop located in a parade of shops with free parking bays to the front.
Currently run by the sole vendor there is scope to grow both the shop retail and the website e-commerce side of the business.
There is very limited competition and nothing locally. The emphasis is on educational support, advice and supplies and therefore this is a specialist business.
Reasons for selling: Relocation to the USA
Support & training: Given the somewhat specialist nature of the business the vendor will give every necessary support to achieve a successful handover.
All furniture and fittings are included in the sale and stock at value is circa £10,000
Asking Price:
GBP £24,000.00
Our Ref:
2EDU
Terms of Sale:
Assets Only
Revenue (Income):
GBP £62,000.00
Net Profit (Cash Flow):
Undisclosed
Time Established:
2006
No. of Employees:
1
Reason for Sale:
Emigration
Support & Training:
Handover offered
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
GBP £10,000.00