Shop for saleBack Quay, Truro, Cornwall, TR1
- Business for sale
- Use class orders: A1 Shops
- Well established
- Easy to operate
- Low overheads
- Scope for expansion
Full descriptionEstablished Glass Engravers in Truro, Cornwall For Sale
This Glass Engraving business is located in Truro's Pannier Market and has been trading for more than 30 years. The Pannier Market is the largest independent retail outlet in Truro with over 40 independent traders all under one roof, making it a vibrant and welcoming place to shop or meet friends. Truro is the retail and social hub of the county and an ever growing trading centre with further expansion plans in both the east and west of the city.
Asking Price: £22,500
Original term: 52 years
Remaining : 10 years
Reviewed: 4 yearly
Rent: £3,900 pa
Service charge: £500 pa
Rates: £ zero
Veritas Business Sales are delighted to offer for sale this well respected Glass Engraving concern which was set up by its previous owner 30 years ago and run by its current owner for the last 25. The business is being offered for sale reluctantly, but my client feels it may now be time to enjoy semi-retirement. Since ownership my client has invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price. The business is owner operated and employs the help of just 1 part time helper and has an annual turnover of £60,000 with a GP of 65%. The business has always specialised in the engraving of glass only. We believe, however, that there is further potential to increase trade by starting to engrave metal products. Inscriptions enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with passing tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Monday - Saturday - 9.00am - 5.00pm
Sunday - Closed
84 sqft market stall with calligraphy engraving machine, sand blasting cabinet, compressor, extraction system, various display units and shelving.
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