Afro Caribbean Specialist Grocers Warwickshire | | Undisclosed Warwickshire | | WARWICKSHIRE AFRICAN & CARIBBEAN GROCERS Located in Indoor retail market Money Transfer facility circa £150pm net W/T: £4,000 GP: 30% Scope for own website Husband & wife team can reduce wage bill L/H: £25,000 +SAV REF: 9420CV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 40170 ADVERT IMPRESSIONS : 27,549 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Greengrocers | | SALE: | Agent Sale | LEASEHOLD: | £25000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business has an excellent location centred in the heart of a large indoor retail market in Warwickshire.
The business is surrounded by other complimentary businesses who all contribute in attracting large footfall levels to the area.
THE BUSINESS
Advent Business Sales is pleased to offer to the market, this well established and profitable niche business which specialises in the supply of African and Caribbean fruits & vegetables as well as rice, pulses and herbs
Founded over 6 years ago by our clients, the business is only now being reluctantly offered for sale as she wishes to spend more time with her family.
As well as the afore mentioned sales, she also offers a money transfer facility from which she receives circa £150 per month net of al1 costs.
The business has a good local reputation for providing quality produce at affordable prices and as such, has a large number of repeat customers.
We are advised that stock at cost is approx £5,000.
REF: 94CV
TRADING HOURS
Mon-Wed, Fri-Sat: 8.00am – 5.00pm
Thurs: 8.00am – 2.00pm
STAFF DETAILS
The business is run by the vendor full time and 1 part timer who works approx 16 hours per week.
EXPANSION POTENIAL
This is clearly already a successful business, it could however, increase its sales and profits by:
1. Having its own website so potential and existing customers can view the products offered
2. The business in an ideal husband and wife team as working together could save on staff costs.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £4,000
Gross Profit: 30%
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
The business is in a large indoor retail market, its sales pitch is arranged in a square, half of which is dedicated to display of fruit and vegetables, the other half to herbs and spices etc.
In the centre of the square, is a small chest freezer, computer telephone and 2 tills. Stores are held under the counter displays.
The market has shared facilities for all the traders.
TENURE: Leasehold
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: £13,520 inc | | | | | | FOR SALE | | | | | REFERENCE: | 9420CV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |