Glassware Jewelry & Gift Shop

Listing ID: 70094839

Listing Title: Glassware Jewelry & Gift Shop

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Industry: Retail

Industry Segment: Other Retail

Country: Cyprus

State / Province:


City: Paphos

Asking Price Range: $250K - $500K

Gross Revenues: $141,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2002

Number of Employees: 1 - 3

Business Description:
This business has the benefit of being located in the semi- pedestrian area adjacent to the sea front. There is a cafe opposite which gives an additional captive audience for the business. This Double fronted shop unit. (approx. 12 m x 10.2 m) is an enclosed premises with Front & back doors and an additional Covered area at front of shop approx. 6.8 m x 3.2 m. for exterior display. There is Private parking at rear of shop. There is potential for the right person to expand the business. The exact location is the Main tourist area / sea front. Poseidonos Avenue, Kato Paphos. Tenure: The shop for sale is Rented on a 10 year lease agreement, renewable every 10 years. The landlord is happy to renew the lease. Current lease expires on 28th Feb 2014. Fixtures & Fittings: Fixtures and fittings are to be sold as part of the business. These include all display cabinets and units, which are of a high standard and in good order. Facilities: There is a Fully shelved storage room, approx. size 3.2m x 1.2m. Trading licenses: Certificate from Cyprus Assay Office Jewellers register to sell silver & gold until 10/03/09. This is renewable at a cost of or 51.26. (C 30.00) Reason for Sale: The business is being sold due to ill health Stock: As quoted in selling price* Stock will be sold at cost within the overall asking price as stated in the selling price section. N.B. All quoted sizes are approximate. ** All quoted figures use the Cyprus Government fixed Euro rate against the old Cyprus pound.

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