Business Transfer/ Business for Sale: Blackburn Balloons & Gifts is a well established business of over 10 years. Known for selling a wide range of Balloons and associated party/celebration products from cards to balloons and gas etc.
Situated in a very prominant location - occupying a well-situated corner fronted retail premises on Livesey Branch Rd it is seen daily by thousands of passing cars and potential customers. Such a location would be hard to find normally.
The large shop is comprised of a single storey ground floor premises measuring approx 100 sq m.
It is to the go-to place when organising weddings, parties, prom nights etc by private individuals and hotels and schools etc..
Retirement brings about the sale of this very profitable business and we are looking to complete a sale as quickly as possible.
The current owner has steadily grown the business in to what it is today by traditinal means, word of mouth and an exellent reputation. We believe there is enormous opportunity for the new owners to further develop the businees by exploring new channels such as online sales which aren't currently offered.
The Landlord of the property is willing to grant the new owner a new lease on commerial terms for a period between 3-10+ years on a standard FRI lease. Subject to status. The rent for the ground fllor shop is modest at only £600 pcm. (The basement is also available for an additional rent.)
The price to purchase the business is £10k plus stock, fixtures & fittings at value.
We are advised that stock levels are in the region of approx £20k.
There may be an opportunity to come to a payment arrangement providing you can pay for 50% of the total price.
This will be subject to status and considered on an individual basis.
Each party is responsible for their own legal costs for the transfer of the business.The new owner will need to contribute to landlords cost of drafting a new lease for the ground floor shop.
Before contacting us to arrange a viewing please inspect the shop by clicking on our Virtual tour.
Interested parties must contact us to register their interest and we will arrange a viewing convenient to all parties.
ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.
ALSO, PLEASE BE ADVISED THAT WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.
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