Popular Stationery Business for Sale in Reigate

Reigate, Surrey

REF: INT2027

Asking Price:
£120,000

Annual Turnover:
£405,000

Annual Net Profit:
£54,477

Reduced

REF: INT2027

Photo of Popular Stationery Business for Sale in Reigate

Overview

Tenure:
Leasehold

Established:
1993

Excellent Reputation
Very Loyal Customer Base
Well Equipped Business
Strong Supplier Relationships

Reigate is an affluent and historic Surrey commuter town with excellent transport links (J8 of M25 and railway station) into London and is located just under 8 miles from Gatwick Airport.

Total retail expenditure in the Reigate and Redhill district is circa £440 million.

Within a 15-minute drive time there are c 153,000 people with 69% in social class AB and C1.

The business offers a wide range of products and services and are the main stockists for many leading companies, building a great reputation with locals. They are very well-known in the Reigate area and many locals are familiar with the brand and the shop’s location.

With over 30 years of trading history, the business has built a loyal customer base and aims to give outstanding service and great value to their customers, making them regulars.

The business stocks a variety of stationery such as diaries, notebooks, pens, and art materials, educational toys & jigsaws, stationery, greeting cards and more.

An extremely profitable opportunity, margins are in the region of 52%+.

In Reigate, the business operates from a prime high street location with good levels of footfall along a busy street.

The shop is well equipped, with relevant facilities, and has a clean and tidy look from both inside and outside, naturally attracting footfall. All of the relevant fixtures, fittings and equipment are to be included within the advertised price including an integrated EPOS system, copier machine, full alarm system with CCTV and an automated phone system.

At present, the business does not sell online. Introducing an e-commerce side to the business would be a great way to boost their sales. The shop already boasts pages on Facebook and Instagram. These social media channels could be developed further through the use of SEO, content creation, and increased promotion, providing the business with further trade.

With both online and in-store potential, this business would be a brilliant opportunity.