Well Fitted Franchised Off Licence | | Undisclosed Buckinghamshire | | Modern double fronted shop front to spacious Sale Shop approx. 750 sq. ft. sales area with ceramic tiled floor, counter, EPOS scanning system with 2 tills, 2 upright open fronted display fridges, 3 upright double door fridges, modern shelving etc. external electric shutters. CCTV system, 2 monitors plus video recording. Under floor safe. * 1 Stockroom, c 300sqft. * Staff cloakroom with 2 w.c. and wash hand basins 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. | | ADVERT NUMBER : 16106
ADVERT IMPRESSIONS : 25,489 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | BUSINESS DETAILS: | Location Situated in a High St parade, residential area, Milton KeynesOpening Hours Monday - Saturday inclusive - 10 a.m. - 9 p.m.
Sunday opening - 12 noon - 8 p.m.
Opening hours can be increasedTurnover The business commenced trading in September 2003. We are informed the turnover averages 18,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 11.9%. 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, renewable in September 2013 at a rental of 21,850 p.a, reviewable in 2009.
Uniform Business Rates: 6,930 p.a. water rates (metered)
RECOMMENDED FOR EARLY INSPECTIONPrice To include the secure lease, goodwill, fixtures and fittings 160,000 plus stock at valuation (28,000 approx), 4 weeks credit given on opening stock.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Delivery access at rear and 1 parking space.Staff The business is operated under management with 2 full time plus part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
