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BUSINESS REFERENCE : 1553 / RightBiz HIGHLY PROFITABLE GREENGROCERS | | | | | | HIGHLY PROFITABLE GREENGROCERS - DENBIGH Busy high street location in thriving town in North Wales Retail & Supply to restaurants, cafes & sandwich bars | | | BUSINESS LOCATION: | Clwyd Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Greengrocers | | SELLER: | Agent Sale | LEASEHOLD: | £64995 | | | | | | | | | | | BUSINESS DETAILS: | HIGHLY PROFITABLE GREENGROCERS - DENBIGH
Busy high street location in thriving town in North Wales
Retail & Supply to restaurants, cafes & sandwich bars
Turnover £226,845pa with gross profit of 50%
Superb levels of regular & repeat custom
Highly regarded & respected business
Early viewing is highly recommended
Potential for further growth
Established over 35 years
Low rent of 12,000p.a.
LEASEHOLD
Ref: 1553
Location
Situated in the thriving town of Denbigh set within the beautiful countryside in the Vale of Clwyd & close to the popular coastal towns of Rhyl, Prestatyn, Colwyn Bay & Llandudno the business enjoys a superb position to take advantage of local & passing trade alike. Now easily accessible from the A55 link road which links all the major motorway networks including the M53, M56 & the M6 the town is a popular tourist destination or stop off point for travellers enjoying the superb countryside & coastal regions of this beautiful part of North Wales. The business is situated on the High street of the town & enjoys a superb position with ample parking close by & is ideally situated to take advantage of both local & passing regular custom which has been proven since the business relocated to these premises over 20 years ago.
Business History
Meridian Business Sales are delighted to bring to the market this well established & hugely popular greengrocers which has been serving the local community & trade customers for over 35 years. The business is being reluctantly brought to the market due to our clients' semi retirement & other business interests. The business enjoys fantastic levels of regular & repeat custom from the local community & is ideally situated with a great position on the busy & main High street of Denbigh in North Wales. Superb produce & fantastic service has meant that the business continues to go from strength to strength, proven by the excellent turnover figures of £226, 845 with gross profit margins of 50%. The business also enjoys the fact that it supplies over 35 trade customers in the area, which include restaurants, pubs, cafes & sandwich bars to name but a few. At the owners own admission this is an area of the business which still has huge potential for growth & advice will be made readily available to the purchasers of the business to take advantage of local knowledge & years of success and experience. This is truly an exceptional opportunity to buy a hugely respected & very highly regarded local business & therefore early viewing is highly recommended.
Financial Profile
Turnover: £226,845pa
Gross profit: 50%
Stock: £2000 (approximately)
Tenure
Leasehold
Original length: 10 years
Remaining: 10 years
Review: 3 years
Rent: £12,000pa
Opening Hours
Monday - 8.00am - 5.30pm
Tuesday - 8.00am - 5.30pm
Wednesday - 8.00am - 5.30pm
Thursday - 8.00am - 5.30pm
Friday - 8.00am - 5.30pm
Saturday - 10.00am - 5.00pm
Sunday - Closed
Accommodation
Ground floor, mid terraced shop with large display window & prominent signage comprising of :-
Main entrance to shop floor area with to the right:-
Counter & serving area with till & weighing equipment
Display shelving for herbs & spices
To the left:-
Display shelving on 4 levels for all manner of fruits, vegetables
Top rail for display of bananas
At the rear of the shop:-
Display shelving on 4 levels
Leading to:-
Doorway to storage area
Display shelving on 4 levels including egg sales display
Display shelving on 4 levels
At the centre & running the length of the shop central display units & shelving | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1553 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
