Greengrocers And Flower Stall In Indoor Market | | Undisclosed West Midlands | | WEST MIDLANDS FLOWER STALL AND GREENGROCERS Main indoor market in high street - prominent location Genuine Retirement sale A/T: £313,600 ADJ NP: £31,339 Great potential to increase sales & profits MUST BE VIEWED L/H: £30,000 +SAV REF: 1183DY | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68437
ADVERT IMPRESSIONS : 15,735 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Greengrocers | | SALE: | Agent Sale | LEASEHOLD: | £30,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Main indoor Market Hall
• Town High Street
• Surrounded by many complementary retail outlets
• Huge footfall
• Excellent links to major roads
• Good customer parking facilities
HISTORY
• Established 40 years
• Last 25 years in current location
REASON FOR SALE
• Genuine retirement sale
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FINANCIALS
• Accounts will be made available after a formal meeting with the owners
2010 Sales £313,006 pa
Gross Profit £251,165 pa
Adj Net Profit £31,399
NB.
• The adjusted net profit comprises of a net profit before tax of £29,419 together with £973 depreciation and a further £1,007 finance costs
• Greengrocery annual sales: circa £226,000
• Floristry annual sales: circa £87,000
• The annual salary bill is £46,406
PRODUCTS
• Extensive selection of traditional seasonal fresh fruit and vegetables
• Fresh and artificial flowers/arrangements
• Floristry equipment and gardening sundries/ornaments
CUSTOMERS
• Mainly from the local area with a high number of repeat sales.
STAFF
• One full time
• Six part time assistants
• Husband/wife team
PREMISES
• The business occupies three extremely well fitted for purpose retail units, which briefly comprise of the following:
Unit One
• Equipped for the retail of fresh fruit and vegetables
Units two & three
• Houses the floristry items
EQUIPMENT & FITTINGS
• 7.5 ton Renault lorry
• Fruit & vegetable display units with mirrored backing, shelves and storage
• Three Salter scales
• Customer shopping baskets
• Sales counter
• Six electronic cash registers
• Four electronic weighing scales
• Walk in cold room
• Aluminium preparation bench
• Electronic weighing machine
• Santon hot water heater
• DAB radio
• Fax machine
• Microwave
• Cling film heat sealing machine
• Concrete tier display
TENURE
• A rolling lease for the fruit & veg unit
• Monthly rental for the flower stalls
STRENGTHS
• Two businesses for sale for the price of one
• Excellent trading position
• Genuine scope to develop further
• Excellent retail display units
• Extremely well established
SCOPE
• Working owner can increase profits and sales immediately
• More marketing of the existing product ranges especially online
• Introducing wholesale greengrocery supply services to other local retail and catering establishments
• Introducing a floristry agency with relay and delivery work
• Reducing the salary bill
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1183DY / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
