Adult Sex Shop Retail Outlet For Sale North Midlands, United Kingdom Advert ref: M648D Business description
The business has been established for about 5 years and has gained a solid reputation. The business is exclusively retail offering specialist adult products such as videos, DVDs, books, magazines, toys, games, lingerie & bedwear, sex aids etc. The business is fully licensed by the local authority and has full approval from the police.
Years established: 5
Employees: Manager with some part time assistance. Could easily be run by a working couple.
Trading hours: Daily 10.00 a.m. to 6.00 p.m. (Sundays till 4.00 p.m.)
Property: Leasehold
Lease terms
The current lease is due to expire in November but we understand a new lease will be granted to approved tenants. Current rent payable is £10,344 p.a.
Location
The business is located within an industrial estate within easy reach of major residential areas but also with easy access to the Midlands motorway system.
Expansion potential
Internet sales
Competition / Market
None locally
Support & training
Transitional support will be offered.
Reasons for selling
Other business interests
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| | Financial details Asking price: £82,000
Sales revenue: £132,000
Net profit: £67,230
Furniture / Fixtures value: £2,500
Inventory / Stock value: Undisclosed |
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