Olde Style Sweet Shoppe Shopping Centre Essex | | Undisclosed Essex | | Olde Style Sweet Shoppe Essex | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69463
ADVERT IMPRESSIONS : 11,852 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Confectioners | | SALE: | Agent Sale | ASKING PRICE: | £130000 | ANNUAL RENT: | £20000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Established in August 2010 the business is part of a group of similarly branded stores. All stores are attractively fitted out with bespoke shelving, glass top counters, fully fitted ceiling with tailor made traditional lighting and flooring. The shop signage, window lettering, 'A' board and shop frontage are all finished in the Victorian style livery and look as if they have leapt out from the pages of Dickens. The business stocks a truly extensive and mouth watering selection of traditional sweets in jars, impulse products, pick n mix, and an ever increasing range of confectionery not seen in one place for many years. An abundance of delicious and irresistible flavours and sweet aromas create the 'kid in the candy shop' feeling and customers of all ages are tempted to buy their favourite sweets from their childhood.
The business is offered to the market with two options:
1. The business is offered for sale on a license basis meaning that the new owner will keep the corporate name and benefit from discounts on wholesale prices thanks to the groups bulk buying advantages. The cost for this is £50 per week.
2. The buyer buys the business but trades independently; this will involve rebranding the store.
Business Hours:
Mon-Friday 10am-10pm Saturday 9am-9pm Sunday 11am-5pm
Employees:
The business currently employs two full time shop assistants and one part time assistant during the week with four shop assistants working during the weekends.
The business is entirely staff run and managed.
Tenure.
The business is held on a secure and renewable ten year lease which commenced on the 27th May 2010
Rent: - Year 1: £20,000 p.a.x. Year 2: £20,000 p.a.x. Year 3: £20,000 p.a.x. Year 4: £25,000 p.a.x.
Year 5: £25,000 p.a.x.
Financial
Information:
Turnover (Gross) for accounts year ending 31/08/2011 is £289,530 Per Annum with an impressive 57% gross profit margin.
Reason for Sale: | | | | | | FOR SALE | | | | | REFERENCE: | R.0.130.EL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
