Business for sale

Business description

Advent Business Sales are pleased to have
been instructed to offer to the market this
extremely well established and popular
organic retailer with an attached café.
The business, which was established by our
client in 1987, is only now being reluctantly
offered for sale to enable him to pursue an
alternative unrelated business venture.
The shop has a prestigious local reputation,
with a very high level of repeat custom. It is
also maintained to a very good standard and
has a warm and friendly atmosphere in
which to shop.
The shop specialises and stocks an extensive
range of organic health foods, vitamins,
cleaning materials, amongst others,
including:
• Dairy products
• Breads & Cereals
• Frozen meats
• Soft drinks and juices
• Herbs and spices
• Tea and coffee
• Biscuits, chocolate & Cakes
• Ice cream
• Jam and chutney
• Locally grown fresh fruit and veg
• Flours, Jams & chutney
• Oils and vinegars
• Pasta and sauces
• Shampoo and conditioner
The business also has a very popular café
which has 10 covers inside and 10 outside.
All the fayre is homemade organic and
includes:
• Hot and cold drinks
• Soups & Salads
• Jacket potatoes
• Pies and pasties
• Cakes and scones
The vendor works full time in the shop and
also employs 3 part timers who each work
approximately 15 hours per week. They
achieved annual sales in the year to June
2007 of £173,213 with a gross profit of
£58,607.
We are advised that stock at cost is
approximately £10,000.
REF: 8946WR
TRADING HOURS
Mon-Sat: 9am – 5pm
EXPANSION POTENTIAL
The business has a very solid foundation
achieving good and consistent turnover and
profits. There are however, a number of
areas which offer good potential for the
future including:
1. Offering organic beers, wines, ciders
and spirits as there are none available
in the area
2. Offering fresh meat and ready meals
3. Having a home delivery service
4. Advertising – none of any sort is
currently done
5. Creating a web site, which also gave
advice and information on herbs,
supplements, vitamins and remedies
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £173,213
Gross Profit: £58,607
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
High visibility corner position with a dual
aspect, having the added security of a 4
camera CCTV system. Ground floor lock up
premises briefly comprising of the following:
Ground Floor
• Elevated entrance from off the main
through road into the trading area
• Counter by the door
• 2 shop length gondola units
• extensive perimeter shelving
• 5 serving tables for the café (10
covers)
• Side kitchen with serve over chiller
unit, pie warmer, soup taureen,
coffee machine, fridge and
dishwasher
• Rear office, w/c, back exit
• Within the shop – ice cream freezer,
1 single and 1 double door tall
chiller, upright freezer, open chiller
for fruit and veg
• Outside – 5 tables (10 covers)
seating
TENURE: Leasehold
Original lease:
Remaining lease:
Review every:
Rent: £9,500 per annum
We are advised that the annual business
rates are currently: £3,700
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.