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Business for sale - Retail Opportunity

Title:

Office Equipment/Supplies Business - Midwest based

Business Description:

This service/retail business is located in a high profile shopping centre in the mid-west. Currently it enjoys a monopoly position in a town which is experiencing significant development. 50% of turnover is now generated from cash sales in a centre which is growing in popularity. Products include general office equipment and supplies, home stationery, school products, etc.

Location:

High profile mid-west town

Financial Profile:

T/O is running at approx euro250k with much scope for expansion.

Premises:

670 sq. ft. leased unit on 25-year lease, with five-year reviews, one gone (next review 2008) at rent of approx euro15k p.a., (includes service charge)

Year Business Established:

1999

Detailed Text:

The owner now has the option of pushing forward the development of this outlet or, alternatively, sell to a player better positioned to gain from the almost unlimited potential of this, the only supplies outlet in town, with scope for a significant retail and contract business. Note: This year the business was successful in securing four contracts out of six available.

IBSCI Reference:

MW040602


 

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