PROPERTY DETAILS
Lease terms:
The premises are leasehold with 2½ years remaining
Square footage is circa: 1,100 sq. ft
Rent: £6,600per annum
Rates: £Nil business rate given by council
BUSINESS DESCRIPTION
Design, Production and Marketing Company, selling Sports Action posters and charts, primarily to Schools, Sports Clubs and Individuals
Ref.CA081
Location Norfolk
Asking Price £ 110,000
Established in 1978 this company has a niche market, supplying sports action posters primarily to shools throughout the country plus sports clubs and individuals.
The company has amassed stock with a retail value in excess of £750,000, which form an integral part of the sale. One of the of the poster sets recently sold at Sotherbys New York for in excess of £3,000.
The current owner has built an excellent relationship with many schools and admits that he could have increased the turnover substantially by marketing but chose to grow organically.
The technical quality of the stock images are second to none
Expansion Potential
The business has maintained a high level of repeat business however, the market is unlimited in its growth potential and there is a massive opportunity to expand the marketing programme. A company does have a website, but this area could be grown dramatically.
There are endless possibilities for selling the existing stock through a multitude of channels and to expand the marketing into different niches and markets. Internet sales expansion is a key area of growth, maximising the profit potential available.
Market / Competition / Non-Competition Agreements
Currently the business only advertises in the school market and has limited Internet exposure.