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The management trading and profit and loss accounts for the period 1st November, 2006 to the 31st August, 2007 showed sales of £299,505 with a gross profit for the period of £154,608 (before wages of £28,895) and a net profit for the period of £61,403 (after directors renumeration of £13,555).
Price
OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £90,000 plus STOCK AT VALUATION (£80,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire an old established Specialised Business specialising in spares and indeed repairs to the refrigeration sections of Ice Cream Vans.
The business has been in the same hands for the past 18 years and is now solely offered for sale due to the vendors retirement.
Workshop area approx. 1,500 sq. ft. fully equipped for repairs to the ice ceam section of ice cream vans.
Stores plus office area approx. 1,000 sq. ft.
Staff
The business is at present operated by the owner with the assistance of a full time secretary plus 1 full time staff in respect of the workshop.
Car parking in front of the Industrial Unit for 4 cars with an additional 6 car parking spaces to the rear of the Industrial Unit.
Tenure
We understand that subject to satisfactory references the landlord is prepared to grant a new 5/10 years lease at an initial rental of £6,800 p.a. exclusive of rates, with rent reviews.
Uniform Business Rates: £2,400 p.a. approx.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.
