Business for sale

Business description

Downpayment: £90,000
FF&E: £20,000 (Included in Asking Price)
Inventory: £25,000 (Not Included in Asking Price)

Business Summary
This business is part of the Bargain Booze Off License network, the vendors pay a flat rate Franchise fee of about £1800 per annum, for this they benefit from national on going marketing and advertising and continued merchandising support as well as benefiting from excellent prices from the supplier. Gross Profit margin is about 20%. The business enjoys an excellent reputation for good value for money and a wide range of stock, and benefits from on-going and effective national advertising, leaflets etc which they put to good use marketing in the local area. The business currently supplied a number of local sports clubs and this business can be increased with further marketing. The franchisor offers good in-store support to ensure that the shop is presented well and are now offering the chance to add lines of groceries to the Off license offering. The business also benefits from the recent addition of DVD rentals which has added another income stream. Fixtures and Fittings: The shop has recently been fitted out to a high standard and all FFE are included in the asking price, including the EPOS system. Ref Stock: All stock supplied on a 3 week credit arrangement with supplier. At completion this can be transferred to new owner, upon supplier approval or the vendors are willing to extend same credit on stock to buyer. Typical stock levels run at £20-25k.
Building & Property
Building: 1800
Real Estate Available: No

General Information
Reason for Sale: To concentrate on other business interests.
Franchise: Yes



ListingID#: NWLONT0001-N119