THIS BUSINESS IS FOR SALE

BUSINESS FOR SALE

BUSINESS FOR SALE WITH SUBSTANTIAL FOUR BEDROOM PROPERTY
THE NEW REDUCED PRICE £550,000.00 WITH THE RIGHTS TO OSMOTHERLEYWALKINGSHOP INTERNET DOMAIN OR £525,000.00 WITHOUT THE RIGHTS TO OSMOTHERLEYWALKINGSHOP INTERNET DOMAIN

TRADING UPDATE

In the current trading year April to November sales are up 23%. The projected full year turnover is expected to be in the region of £295,000, including VAT (£253,000 excluding VAT), giving a gross profit margin of 40% to 42% (gross profit margin year ended April 5th 2007, 42%)

WHY IS THIS BUSINESS FOR SALE?

I am 64 next birthday and want to enjoy more leisure time for walking, treking and travel. I want to spend more time on my other interests and with my family.

WHAT DOES THE BUSINESS CONSIST OF?

It is in an absolutely unique location for this kind of business. A super lifestyle in a great National Park village. A prosperous, fast growing, easily run shop and internet business, providing a very good living.

As can be seen from this web site the principal activity is the sale of walking boots, shoes, clothing and outdoor related products.

We have a healthy and thriving retail shop with growing sales. A very strong and loyal customer base ( the reason we want to sell it as a going concern ) and good all year round trade from visiting holiday makers and walkers. We are in the National Park in a very popular village. The village is situated on two long distance national footpaths. The Coast to Coast and the Cleveland Way. It is also the start/finish of the Lyke Wake Walk challenge walk.

We have a very fast growing internet business which has endless potential to develop further. We have again a good relationship with customers and are building repeat business and long term contacts with them.

We have very good working partnerships with our main suppliers and they would be anxious to continue working with a new ownership.

In the event of a sale I would be happy to work alongside the new owners until they are happy and confident with all aspects of the business.

It is a wonderful village to live in and I hope to continue to be based here. If you are seeking a pleasant way of life this is the place and you can also benefit from a substantial income.

WHAT DOES THE PROPERTY CONSIST OF?

GROUND FLOOR. Fully fitted shop. Lounge. Large kitchen. Decent sized office above the kitchen.

FIRST FOOR. Three good sized bedrooms ( two south facing with good views of the village and hills beyond ) A good sized bathroom. When we first moved in we used all of this floor as bed and breakfast accommodation and had a three diamond rating. There is not enough accommodation in the village to meet demad from long distance walkers and visitors so this facility could be reactivated if required.

SECOND FLOOR. A very large and beautiful self contained room used as a living room and bedroom. It is also ensuite.

GARDEN. To the rear is a very nice and secluded garden and patio. Yorkshire stone walls to three sides and a hedge to the fourth.

OUTBUILDING. A large stone built outbuilding/garage. At present not used much but has a lot of potential as an office and stock room.

Interested parties are invited to contact me Chris Gaunt at our shop address. 4 West End, Osmotherley, Northallerton, North Yorkshire. DL6 3AA. Telephone 01609 883818 or to contact our selling agent Mr Steven Moon at Joplings Estate Agents, 19 Market Place, Thirsk, North Yorkshire. YO7 1HD. Telephone 01845 522680. E- mail: [email protected]