Business description

An exciting opportunity to acquire this well established internet retail business which has been operated since 2004. The business retails discounted products including toys, games, household and electrical goods. These are good quality branded goods which due to our client’s wholesale contacts can be bought at a cost which allows them to be retailed through the internet for a fraction of their recommended retail prices - allowing our client to work on a good profit margin.

Our client only commits 25 hours per week to the business as and when his other commitments allow - massive flexibility here.

The business does a large proportion of its annual turnover in the last quarter of the year and accordingly this is an ideal time to purchase - don't delay!

The business is operated from a convenient and affordable Leeds location, albeit a significant amount of the working week can be done from a remote location due to the internet based nature of the business.

TENURE
Leasehold. To October 2012. Rent £5,000 per annum.

HOURS OF BUSINESS
25 hours per week (flexible).

STOCK
Approximately £10,000 (in addition to the asking price).

Property information

Property:

Leasehold

Lease terms:

The current lease expires in 2012.

Leasehold rent:

£5,000 per annum

Location:

The business is located in a well known business park on the Leeds Ring Road.

Premises details:

The premises include a large warehouse, 2 offices and a showroom.

Size in square feet:

1,500

Other information

Expansion potential:

The business can be expanded in a number of ways to significantly increase turnover.

Support & training:

The buyer will receive support and training from the current owner.

Trading hours:

Approximately 25 hours per week (flexible).

Furniture / Fixtures value:

£1,000 (included in the asking price)

Inventory / Stock value:

£10,000