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Reference: CY0320L

TOYS & KIDS ITEMS STORE - NICOSIA
 
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Business Type: Toy Store-Kids Store
Location: Nicosia Centre, Nicosia, CYPRUS 
Type of Tenure: Leasehold
Business Reference: CY0320L
Asking Price: € 65.000
Annual Turnover €90.000
Gross Profit Margin 50% min
Monthly Rent €475
Stocks (at cost) €20.000
Reason for Sale EMIGRATION
Accounts Available 2015 - 2016
Years Established 2
Incorporated Business LIMITED COMPANY
Relocatable Business YES
Car Parking FREE ON STREET
Full-time Employees 1
Part-time/Seasonal Employees 1
Internal Area 80 SQ.M.
 

Description

This highly differentiated Kids Shop carries over 2.000 items, including toys, baby accessories, kids’ travel products & suitcases, items for the beach, kids’ clothes & accessories. All items are direct imports from reputable European and American manufacturers.

Business System

The business is based on a carefully developed concept with emphasis on quality, exclusivity and business management efficiency. Therefore, this is not just an ordinary kids’ shop, it is a complete and integrated business system, offering:

  • Ε-store for online sales
  • Bespoke shop design and fit-out
  • Trained employees
  • A trade name (brand) which is registered for protection from competition.
  • Online electronic system for inventory control, customer management and statistical analysis.
  • Marketing tools, including a Facebook page with over 8.000 followers and a database of active clients. Also a Loyalty Scheme with rewards for repeat customers.
  • Agreements for low-cost transportation of imported goods
  • Agreements with manufacturers for exclusive representation in Cyprus, and much more.

With the foundations of the business system and shop concept well established in the first shop in Nicosia, it is easy to expand the business in new locations and enjoy economies of scale.

Exclusive Imports

Most items offered for sale are direct imports from distinguished Western European and American manufacturers ensuring high quality, safety and, in the case of toys, high educational value. In most cases, the business enjoys exclusivity with manufacturers, therefore it offers unique products not available in other shops in Cyprus.  The Buyer of this business will retain all exclusive relationships with suppliers.

Childrens suitcases and travel accessories are among the best-selling items exclusively offerred by this shop.

Location

At present the business maintains one rented shop located on a busy commercial avenue in Nicosia. As outlined above, the business buyer may easily duplicate this shop in new locations in Nicosia or other towns.

The shop has a ground floor with retail area of 80 sq.m., plus a storage room of 20 sq.m.  Upstairs there is a 40 sq.m. Mezzanine which is used as a play room for children. Mothers can leave their children to play here, under supervision. 

Fit-out

The shop is fully furnished and equipped with custom-designed and made furniture, wood panelling on the walls, false ceiling, professionally designed lighting and is fully air-conditioned. Electronic equipment includes a Laptop, Printer, Telephone, POS machine, Alarm System, CCTV cameras accessible over the web.

Reason for Sale

The business is offered for sale because the owners are emigrating abroad.

However, the current owners will provide support to the buyer for 6 months, especially with regard to maintaining good relationships with suppliers, appropriate purchases and items to stock according to the season

Easy Management

This business is well established with streamlined operations and can easily be managed by two persons, one owner-manager and one sales-person on a part-time basis.

The business is offered for sale fully equipped, including stocks valued-at-cost €20.000, trade name, agreements with suppliers, online e-store, Facebook page and no liabilities.

 

Photos

  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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