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Childrens Bookshop In East Sussex For Sale

 
East Sussex, United Kingdom
 
Advert ref: BS479CG
  
Business description
Established in 1991 and owned by the present owners for the past 5 years the business is very well known for its specialisation in quality children’s books. It caters for all children from 0 to 16 years with its extensive and diverse range of titles including audio CDs. Although the emphasis is upon children’s books, increasing numbers of adult titles are sourced to order on a regular basis.

The majority of business comes from sales to Primary Schools in East Sussex, West Sussex and Brighton & Hove as well as the surrounding counties. There is scope to expand further into the Secondary School market, which the current owner has chosen not to do.

The shop hosts outside author events and book fairs centred in schools and universities. Author events and story telling are also organised in the shop regularly during school holidays.

The business has its own website and a recently updated fully computerised stock control system. It has excellent direct links with the publishing houses obtaining competitive discounts.

The business has built an excellent reputation and gives very good customer service which results in a loyal customer base which a new owner could expand further by visiting more schools and carrying out targeted marketing.



Property: Leasehold

Lease terms
We are informed that the current lease runs until 2012 and is renewable. The current rent is £15,500pa and the next rent review is in 2009.

Location
Situated on a corner position in a residential area close to a busy East Sussex town centre with main road and rail links, customer car parking is available in municipal car parks adjacent.

Reasons for selling
Retirement

Financing available
This business may be able to support finance. Call Lakey & Co on 0870 766 1897 for details

Related documents
PDF document iconFul Sales Details


 
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Financial details

 
Asking price: £89,950
Sales revenue: £395,000
Net profit: < £100k
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £40,000
 

Photos

 
Photograph of this business for sale

 

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