Off Licence & Speciality Foods For Sale
Business for sale
Asking Price:
£125,000
Turnover:
£460,000
Annual profit:
£65,000
Audited accounts:
No
Management accounts:
Yes
Business description
Prime location business which enjoys substantial sales of Beers, Wines, Spirits etc, much of which is international in origin specifically acquired to appeal to Eastern Europeans. That being said they also stock main stream brands which they sell at competitive prices whilst still maintaining good margins. There is no shortage in supply of competitively priced products some of which are short dated.In addition the business offers a wide range of food products from the local and large polish community; these are purchased from local wholesalers and have proven to be very successful and achieve high margins.
GENERAL INFORMATION
Trading hours: 7 day trading
Property: Leasehold
Lease terms
A long lease in prime retail location, the rent is £13,500 pa with sales on two floors.
Living accomodation
na
Location
Prime corner position on this popular pedestrianised shopping street on the outskirts of the City centre. A highly visible position which is easily accessible for collection by car; likewise it is adjacent to heavily populated residential areas.
Expansion potential
There is space to expand the food sales.
Competition / Market
Limited competition few other businesses offer the range and assortment, none match their competitive prices. There is no competition for the food; they offer large stocks, choice and all the preferred brands.
Reasons for selling
Owners moving in new directions.
