Business for Sale in Cheltenham

Cheltenham, Gloucestershire
REF: R08086

Asking Price:
£140,000
Annual Turnover:
£181,689
Annual Net Profit:
£40,523
Reduced
REF: R08086
Photo of Business for Sale in Cheltenham

Overview

Tenure:
Leasehold
Established:
1999
  • Excellent Reputation
  • Friendly & Professional Team
  • Equipment Included
  • Strong Supplier Relationships

The business for sale is an online bookshop for used and new books in The Cotswolds, Gloucestershire. Established in 1999, this long-running business has grown steadily over the years and has now gained an excellent reputation and a loyal customer base in the sector.

The business originally opened as a limited company, specialising in the sales of history books. They now sell all categories of books and have an inventory of 65,000 rare and pre-owned titles, which are sold via the two main bookselling platforms to customers around the world. The business continued to operate successfully throughout the coronavirus pandemic.

All stock is included in the business sale, which means the new owner should be able to get to work straight away. The business even has strong relationships with the suppliers of their books, which could normally be hard to attain. Most of the stock is sourced within 30 miles of the business location.

There is a huge potential for growth with this business, as there is a massive opportunity to raise brand awareness and increase advertising efforts. This fantastic business would be ideal for someone with a passion for books, or a couple, who are looking to live and work in the Cotswolds. The current owner has a licence to occupy the building and has done since 2008. For the new owner a lease will be negotiated.

The business currently operates from a rented 3,500 sq ft warehouse in the Cotswolds. Thee premises have a licence with a 3-month notice period, which means there is the option for the business to be relocatable. The current owners have occupied the premises since 2008.

All equipment will transfer over with the business sale, including the good quality metal racking, which is worth an estimated £12,500.

The current stock is worth around £190,000-£250,000.

The current owners are happy to stay for the initial transitional period following the business takeover.

This would be the ideal opportunity for someone who has a passion for books, or a couple, who want to live and work in the Cotswolds.

There is a huge potential for growth with this business, as there is a massive opportunity to raise brand awareness and increase advertising efforts.

Features

Online Presence

Location

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  • Limited Competition

Property

Annual Rent
£18,000
Annual Rates
£7,735
Lease Term (Years)
1
Lease Expiry (Year)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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