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The business commenced trading in November 2004. We are informed that the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 12.2%.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (18,000 approx). 4 weeks credit given on opening stock.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Modern single fronted shop front to spacious Sale Shop approx. 650 sq. ft. sales area with ceramic tiled floor, counter, EPOS scanning system with 2 tills, 1 upright open fronted display fridge, 3 upright double door drinks display fridges, modern shelving etc. External electric shutters. CCTV system, 2 monitors plus DVD recording etc. Floor mounted safe
* 2 Stockrooms
* Staff cloakroom with w.c. and wash hand basin
Franchise
The off licence trades as a Bargain Booze. A purchaser wishing to continue as a franchisee will need to enter into a franchise agreement with Bargain Booze. The franchise fee (£825) is payable twice yearly. All alcohol, cigarettes confectionery and snacks are purchased from Bargain Booze and are ordered and delivered twice weekly on 3 weeks credit.
Staff
The business is at present operated under management with 1 full time plus part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure lease for a period of 10 years from November 2004 at a rental of £13,250 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.
Uniform Business Rates: £3,465 p.a. + water rates (metered)
