Well Fitted Franchised Full Free Off Licence | | Undisclosed Northamptonshire | | Situated in High Street trading position, NORTHAMPTONSHIRE | | ADVERT NUMBER : 63400
ADVERT IMPRESSIONS : 10,580 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | LEASEHOLD: | £70000 | | | | | BUSINESS DETAILS: | Features : Modern single fronted shop front to spacious Sale Shop approx. 650 sq. ft. sales area with ceramic tiled floor, counter, EPOS scanning system with 2 tills, 1 upright open fronted display fridge, 3 upright double door drinks display fridges, modern metal shelving etc. External electric shutters. CCTV system, 2 monitors plus DVD recording etc. Floor mounted safe
* 2 Stockrooms
* Staff cloakroom with w.c. and wash hand basin
Franchise
The off licence trades as a Bargain Booze. A purchaser will need to enter into a franchise agreement with Bargain Booze. The franchise fee (£575) 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.
Location : Situated in High Street trading position, NORTHAMPTONSHIRE
Opening Hours : Monday - Saturday inclusive - 10 a.m. - 9 p.m.
Sunday opening - 12 noon - 9 p.m.
Opening hours can be increased
Turnover : The business commenced trading in November 2004. We are informed that the turnover averages in the region £13,100 p.w. (including phone top-ups of we understand £250/£300 p.w) in our opinion offering tremendous potential for further increase in the right hands. Gross profit 12.8%. Please note the purchase of this business is subject to entering into a Franchise Agreement IF THE PURCHASER WISHES TO TRADE AS A FRANCHISEE. We understand the charge is £575 every 6 months and with the requirement that all purchases are made through the Franchise Company.
Tenure : We understand the premises are held on a lease, outside the Landlord & Tenant Act, the present lease expiring in November, 2014 at a current rental of £13,250 p.a. exclusive of rates.
Uniform Business Rates: £3,236 p.a. + water rates (metered)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£21,000 approx). 4 weeks credit given on opening stock.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated under management. Staff employed 1 full time supervisor plus 2 part time staff. 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 | | | | | | | | | | | |
