Financial Details
Asking price: £200,000
Sales revenue: £140,800
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established concern which has been in the careful hands of the current owner since its inception almost 20 years ago.

Retirement has now created a splendid opportunity to acquire a lucrative business with tremendous scope to develop further.

The business generates revenues on both the retail and corporate markets. Trophies, awards, crystal and gift ware as well as engraving for all types of materials including metal and glass form the core range.

Our client has an almost limitless product range available through large credible suppliers.

The business also services the needs of:
• National karate clubs and national leagues
• Several international blue chip clients
• Educational authorities
• Several councils

Prestigious recognition awards are supplied in an almost limitless assorted of types, varieties and ranges creating a wealth of unimaginable different products.

In addition, our client supplies silver ware and have the facilities to recreate almost any type of prestigious award through a large network of suppliers from importers to wholesales and distributors.

Polishing services to a mirror standard are sub contracted. Signage also proves popular.

Our client has a website which has been optimised and is ranking within the top 3 positions on the first page. The website displays electronic catalogues. Revenue is increasing from internet sales.

The business has in recent years sponsored a six counties golf charity event, which leads to many orders.

The sale includes all the machinery, which consists of:
• 3 computerised engraving machines
• 1 manual engraving machine
• 1 sand blasting and etching facility
• As well as all ancillary machinery
The vendor has informed us that the value is in the region of £30,000 and that stock at cost is approximately £10,000.

The vendor is willing to conduct a detailed handover and if necessary to train providing the purchase has some computer experience, over a 3 – 6 month period on a 1 – 2 day basis by mutual arrangement.

The business must be viewed to fully appreciate the profitability and future potential.
REF: 9438DE
General Information
Employees:A husband and wife team with the assistance of one part timer who has been with the business for the last 8 years.
Trading hours:Mon – Tues: 10am – 4pm Wed: closed Thurs-Fri: 10am – 4pm Sat: 10am – 1pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 9 years Review every: 3 years Rent: £6,000 We are advised that the annual business rates are currently: £800 per annum
Location:Our client is situated approximately 3 miles east of Derby city centre. The location benefits from a high volume of passing traffic as it lies on the main and highly travelled A6006.
Premises Details:A semi detached retail unit to the front with workshop area to rear and two out buildings.

The business has an impeccable reputation up over its trading history.

There is huge scope to specialise in specific markets such as schools, awards and medals.
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