Well Established Self Service onvenience Store and Off Licence
Business for sale
Asking Price:
£65,000
Turnover:
£338,000
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Business description
Turnover: WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx.We understand there is a commission from Paypoint and an ATM machine of approx. £150 p.w.
Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£25,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Features Single fronted medium sized premises with electric shutters, industrial non-slip floor, suspended ceiling with fluorescent lighting. Fully equipped including, sales counter, electronic cash register, modern adjustable shelving, 3 fridges, 2 dairy display cabinets, 2 freezers, etc.
CCTV system including 4 cameras, 1 monitor and dvd.
Staff kitchen area, etc.
Stockroom at rear.
Staff toilet with w.c. and wash hand basin.
Staff: The business is at present staff operated with the assistance of 1 full time and 2 additional part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening Hours 7 Day week (Monday - Saturday) 8 am - 11 pm Sunday 8am - 10.30 pm
Accommodation As an optional extra there is a SELF CONTAINED MAISONETTE over, which is available on a shorthold tenancy at a rental of £175 p.w. (We understand the accommodation can be incorporated into the lease with the additional rental, if desired). The Self Contained Maisonette with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Tenure We understand the premises are held on a secure renewable lease, having approx. 14 years unexpired at a rental of £11,400 p.a. exclusive of rates, next rent review in 3 years, then every 4 years
Uniform Business Rates: £2,800 p.a. approx.
Reference : G4967
Employee details
Fulltime staff:
1
Parttime staff:
2
