Quality GIfts/ Household Textiles business in Barnard Castle Barnard Castle, Durham, United Kingdom Advert ref: GT58NE Business description
Lakey & Co are delighted to offer For Sale this well established Household Textile and Quality Gifts business which benefits from an excellent reputation. There is huge opportunity for growth from mail order and internet sales providing and excellent opportunity for a first time purchaser or an existing operator. The business sells a wide range of quality household textiles and gifts such as towels, bedding, tablecloths also ranges such as Star Glass, Willowtree and Russ. A true Alladins Cave which has to be seen to be appreciated.
Employees: Run single handed by a working owner
Property: Leasehold
Lease terms
The premises are leasehold with a current rental of £6,500 per annum (£125 per week). The business rates payable are £700 per annum.
Location
This Textile and Gift business is located in a very prominent position on Galgate in Barnard Castle which is a well established residential town and also an attractive and popular tourist destination. There is also ample forecourt parking.
Expansion potential
There is a definite opportunity to expand the business and turnover by introducing a transactional website and also to introduce a mail order catalogue facility to further promote the specialised range of products.
Reasons for selling
Our clients wish to take early retirement.
Financing available
This business opportunity should support finance-subject to status. Please contact Lakey & Co who can put you in touch with impartial and independent commercial finance brokers.
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| | Financial details Asking price: £19,500
Sales revenue: £36,500
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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