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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 4,411 TIME(S)
BUSINESS REFERENCE : C7071 / RightBiz

WELL FITTED FRANCHISED OFF LICENCE

 

 
Spacious double fronted Sales Shop with internal electric shutters. Air-conditioned. Approx. 800 sq. ft. sales area with laminated strip floor, suspended ceiling with concealed lighting. Well equipped including 2 upright single door display fridges, 3 upright double door display fridges, modern shelving, EPOS scanning system with 2 tills etc. CCTV system, 2 monitors plus DVD recording. Under floor safe * Large stockroom * Staff cloakroom with w.c. and wash hand basin Franchise The off licence trades as a Bargain Booze. A purchaser wishing to continue as a franchisee will need to enter into a franchise agreement with Bargain Booze. The franchise fee (825) is payable twice yearly. All alcohol, cigarettes confectionery and snacks are purchased from Bargain Booze and are ordered and delivered twice weekly on 3 weeks credit.

BUSINESS LOCATION:

Undisclosed Bedfordshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Off Licences

SALE:

Agent Sale

LEASEHOLD:

£40000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, main road trading position, residential area, BEDFORDSHIREOpening Hours Monday - Saturday inclusive - 11 a.m. - 9 p.m.
Sunday opening - 12 noon - 8 p.m.
Opening hours can be increasedTurnover The business commenced trading in OCTOBER 2004. We are informed that the turnover averages 8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 11.1%. There is scope to convert the store into a convenience store under a Bargain Booze or independent banner.Tenure We understand the premises are held on a secure renewable lease for a period of 15 years from October 2004 at a rental of 18,500 p.a. exclusive of rates for the first 3 years, with rent to be agreed thereafter.

Uniform Business Rates: 4966.50 p.a. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (17,000 approx) 4 weeks credit given on opening stock.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Service area at rear with parking spaceStaff The business is at present operated under management. Staff employed 1 full time plus additional part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

C7071 / RightBiz

ENQUIRIES:

 
 
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