Business For Sale Listing 157993
Glassware, Silverware and Gift Shop
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
The Business & Premises Description.
This business has the benefit of being located in the semi-pedestrian area adjacent to the sea front. There is a café opposite which gives an additional captive audience for the business.
There is potential for the right person to expand the business.
Location.
The exact location is the main tourist area / sea front. Poseidonos Avenue, Kato Paphos.
Tenure.
The shop is Rented on a 10 year lease agreement, renewable every 10 years. The landlord is happy to renew the lease. Current lease expires on 28th Feb 2014.
Fixtures & Fittings.
Fixtures and fittings are to be sold as part of the business. These include all display cabinets and units, which are of a high standard and in good order.
The shop has air conditioning. A cash register. Telephone - fax machine. All items are in good working order.
Facilities.
There is a Fully shelved storage room, approx. size 3.2m x 1.2m. the shop has its own Toilet with wc and basin. Room size approx. 2.0m x 1.0m.
Trading licenses.
Certificate from Cyprus Assay Office Jewellers register to sell silver & gold.
until 10/03/09. This is renewable at a cost of or €51.26. (C£ 30.00)
Reason for Sale.
The business is being sold due to ill health
Facts & Figures.
Turnover.
The annual turnover is based on an average for the last five years as there were
Major sea front road works last year which interrupted shop access. This is now complete and offers a much improved pedestrian area and has enhanced the businesses location. Based on 5 year average: €109,668 (C£64,160)
Selling price .
€271,667** (C£159,000) + stock valued at cost (approx)*. €30,754** (C£18,000)
*(See note on page 3 on stock value)
N.B. All quoted sizes are approximate.
** All quoted figures use the Cyprus Government fixed Euro rate against the old Cyprus pound
Categories
| Industry: |
Jewelry Stores For Sale Retailing Businesses For Sale |
|---|---|
| Location: |
Businesses For Sale In Europe |
| Other: |
Very Small Businesses For Sale Business Opportunities Business Opportunity Leads |
Industry
| Sector: | Retail Trade |
|---|---|
| Industry: | Jewelry Stores |
Location
| Classification: | Europe |
|---|---|
| Location: | Kato Paphos cyprus |
Financials
| Sales: | Between $100 Thousand And $500 Thousand |
|---|---|
| Profits: | Not Disclosed |
| Profit Type: | Not Disclosed |
| Asking Price: | Between $100 Thousand and $500 Thousand (343,000) |
