Old established WHOLESALE BUSINESS selling soft drinks, snacks, crisps, general medicines, batteries etc.
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover is in the region of £1.7 million per annum, in our opinion offering tremendous potential for further increase in the right hands, especially with the introduction of beers and wines. We are informed the gross profit is in the region of 12% providing an annual gross profit in the region of £200,000. The business operates within a 15/20 mile radius of the warehouse and at present has approx. 50 active customers.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£100,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking problems
Outstanding opportunity to acquire a Wholesale Business, which has been in the same hands for the past 10 years, in our opinion the business offers tremendous potential for further increase especially with the introduction of the sale of wines, beers and spirits.
SPACIOUS WAREHOUSE approx. 5,000 sq. ft. including mezzanine floor.
Ground floor with concrete floor, racking, fork lift
Staff cloakroom with w.c. and wash hand basin
Kitchen area
Stairs to mezzanine floor comprising office, 4 computers providing computer system for the business, photocopier plus fax machine.
Included in the sale there are 3 Mercedes Sprinter Vans plus 1 Mercedes Vito Van, all have tracking systems fitted (the tracking systems are on a lease agreement).
Staff
The business is at present operated by 2 brothers with the assistance of 2 full time plus 1 part time driver and 1 full time plus 1 part time in respect of the warehouse. Wages paid in the region of £1,300 p.w.
Opening
Hours
Monday - Friday inclusive - 9 a.m. - 6 p.m.
Closed 1 p.m. - 2 p.m. for lunch
CLOSED ALL DAY SATURDAY & SUNDAY
It will be appreciated upon inspection that there is potential for Saturday opening, if desired.
Outside
Parking space for 1 car plus area for loading
Tenure
The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £18,000 p.a. approx.
THIS WHOLESALE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
