Popular Sweet Shop In North Yorkshire

Masham, North Yorkshire
REF: 03059

Asking Price:
£39,950
Annual Turnover:
£92,000
Annual Net Profit:
£20,000
Reduced
Recently Sold
REF: 03059
Photo of Popular Sweet Shop In North Yorkshire
Photo of Popular Sweet Shop In North Yorkshire
Photo of Popular Sweet Shop In North Yorkshire
Photo of Popular Sweet Shop In North Yorkshire

Overview

Tenure:
Leasehold
Established:
2004
  • Excellent Reputation
  • Wide Variety of Products & Services
  • Huge growth potential

Beautiful Award Winning Sweet Shop in Yorkshire Dales providing a vast selection of sweets, sweet hampers, sweet gifts, corporate gifts & sweets for events. It’s a multifaceted business which can be grown further by the right buyer. The business has an excellent reputation locally, online and in the confectionery world thanks to the business’s outstanding reputation for tasty, high quality products and great service.Due to change in lifestyle, the current owner is looking for a new buyer on a leasehold assignment. This is an exciting opportunity for the right buyer.

On the surface this traditional sweet shop seems as traditional as its’ historic Yorkshire location, with rows of sweet jars filled with bright coloured sweets, but there is a lot more to this business than initially meets the eye. This sweet shop has a superb reputation both locally, online & in the confectionery world with over 400 different sweets on offer a long with an extensive range of sweet gifts which prove hugely popular, particularly at Christmas time. There are over 60 different liquorices available which is very unusual and the shop is well known for this. The business name is fully trademarked and its’ range of sweet gifts are well known in the corporate gift market.The popular and affluent sweet shop is supported by an equally successful e-commerce side of the business, offering customers the chance to buy and send sweets and sweet gifts throughout the world. The business has a strong presence on social media with almost 6,000 Facebook Likes and 3,700 Twitter followers. The business also caters for special events such as weddings, parties , food festivals and corporate events creating a further revenue stream. The shop itself is laid out like a traditional sweet shop with jars filled with sweets on show in an open plan sales area. The shop has a bright and vibrant shop frontage in a prime location overlooking the town’s market square. Décor is friendly and quirky with plenty of appeal for new customers and repeat patrons alike. The business’s sweet cart takes pride of place in the shop window advertising its extra services and there is a good sized store room at the rear with sink and hand wash basin. The business also sells ice cream and cold drinks with seating immediately outside the front of the shop.

Intelligent Business Transfer are happy to offer for sale this popular and lucrative North Yorkshire sweet shop.
The three strands of this business offer separate income sources, ensuring that the business remains securely profitable throughout the year despite any unforeseen circumstances.
It also provides a good range of opportunities for growing the business in a number of directions, developing a lifestyle business or growing a successful platform.

Expanding the product range, providing hot refreshments and developing the corporate gift side of the business would present huge benefits to the annual revenue.

Increased trading during extended hours and more advertising in the local area will increase profits in the short term and from there, the options multiply. The company's online presence can be worked on through SEO or expanded advertising, a second premises can be bought and included in the business's recognisable brand or the business can be franchised so that the respected brand can be monetised in another way.

Features

Online Presence

Location

Property

Annual Rent
£4,800
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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