Whole Food And Sweet Retailer In Rustington Sussex | | Rustington West Sussex | | Confectionery retailer Rustington, West Sussex T/O: £90,000 GP: 42% Scope to increase turnover Loyal customer base Well-equipped Prime trading position | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67325
ADVERT IMPRESSIONS : 5,364 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Confectioners | | SALE: | Agent Sale | LEASEHOLD: | £39,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Scoop & Weigh occupies substantial 2-storey corner premises, ideally located in a busy parade of shops in the village of Rustington, West Sussex. The business boasts a prominent trading position in the village centre and enjoys a high footfall and much passing trade. The premises are surrounded by a wealth of complementary shops and businesses and are close to the village's amenities. There are excellent public transport links with numerous bus stops in the area and the railway station is within easy walking distance. The business boasts easy access to the A-road network including the A27 and the A23. Rustington is an affluent seaside resort, which has expanded considerably in the last few years. Brighton lies less than 17 miles away, while Southampton is approximately 30 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving whole food and sweet retailer, which was established in 2000 and which has been in our clients' careful hands since 2009. The shop is only now offered to the market due to our clients' wish for a lifestyle change. The business trades 6 days a week, generating a turnover in the region of £90,000 per annum with a gross profit of 42%, derived from an extensive range of quality food and confectionery. We feel the turnover could be further increased by establishing sweets for commercial conferences or 'house parties'. Our clients have previously run these and they were successful and very profitable. The business has an excellent reputation and is renowned for its high quality products. There is also the opportunity to embark on a modest marketing campaign and to establish a website with online ordering facilities. The premises boast spacious 2-bedroom owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already thriving food and confectionery retailer with immense scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £90,000 per annum
GP: 42%
Opening Hours
Mon - Sat: 9:00am to 5:30pm
Sun: Closed
Accommodation Details
Substantial 2-storey corner retail premises with 2-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Spacious serving area with counter, electronic cash register, scales, containers and display units
• Office with desk and computer
• Store room
First Floor
• Owners' accommodation with 2 x bedrooms, lounge, kitchen and bathroom
External
• Large garden to rear
• Parking space to the side
Tenure
Leasehold
Original length: 20 years
Remaining: 4 years
Review: every 5 years
Rent: £19,250 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2687 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
