Hilton Smythe is delighted to welcome to the market this well established and busy design and print business, which is ideally located within the town of Richmond, London.
The business was established by our client in 1995 and is only now being offered to the market, due to our client's desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of £258,835 per annum, with a gross profit of approximately 75%, as per the 2016 accounts.
Our client offers a wide range of services including designing, printing and delivery of everything from business stationery, marketing collateral and training materials to plan copying, posters and banners. The property boasts 79 sq. metres of floor space, is very well maintained and decorated to a very high standard.
The business has built up an excellent reputation within the industry for the very high quality of the work and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign especially to the local businesses and offices within the area. The business already has an excellent and very informative website in place to promote the business at www.kallkwik.co.uk/richmond/.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level, it would also make an excellent bolt-on to an existing business in the same industry; therefore, early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised leasehold:
Original lease length: 5 years
Rent: 31,500 per annum
HOURSThe business is open:
Monday - Friday: 9.00am - 5.00pm
Saturday: 10.00am - 3.00pm
STAFFThe business is owner run and managed with 1 x part time staff member.
FINANCIAL PROFILEThe business generates a turnover in the region of £258,835 per annum, with a gross profit of approximately 75%, as per the 2016 accounts.
Kall Kwik occupies substantial premises, ideally located within the centre of the town of Richmond, London. The business is situated within a parade of complimentary shops and businesses and benefits from a very high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.
Richmond is a suburban town in southwest London. The town is on a meander of the River Thames, with a large number of parks and open spaces. According to the 2011 census, the town had a residential population of 21,469. Richmond has the largest commercial centre in the borough and is classified as a major centre according to the London Plan. It is an up-market shopping destination with over 200 shops.
The area of the business is very well served by the public transport system, with several bus stops within easy walking distance of the property. Richmond railway and underground stations are just over 5 minutes' walk away. The area is also well served by the A-road, with both the A316 and A307 being within easy driving distance, which link to the national A-road and motorway networks. The City of London is approximately 9 miles away.
Substantial ground floor premises in an ideal trading location, briefly comprising:
Large open plan area.
Reception desk with electronic cash register.
Racking and shelving to suit trade.
Large central work table.
Work tables to perimeter walls.
Paper storage area with racking and shelving.
Mezzanine office area with 3 x work stations.
A full list of equipment is to be supplied.