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Reference C8908

Profitable Off Licence in Wigston For Sale

Profitable Off Licence in Wigston For Sale
Buy a Profitable Off Licence in Wigston For Sale Sell a Profitable Off Licence in Wigston For Sale

Register to see map and to make an appointment Situated in a parade, residential area, LEICESTERSHIRE WIGSTON

Turnover 4,200
Price Offers

Features

Profitable Full Free off Licence (mainly The Sale of Wines, Beers & Spirits) Plus Slight Confectionery, Tobacco

SALES YEAR ENDING 30TH JUNE, 2017 SHOWED 229,392

* NET PROFIT OF 64,140
* GROSS PROFIT OF 84,516

SINGLE FRONTED SALES SHOP in the region of 300 sq. ft. with tiled floor, suspended ceiling. The equipment includes counter, electric cash register, shelving, 1-2m open cool display unit (used for beers), 1 additional 2m open cool display unit (used for soft drinks) etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,200/4,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised by the vendor that the gross profit is in excess of 35%. We are further advised that the sales year ending 30th June, 2017 showed 229,392 with a gross profit of 84,516 & a net profit of 64,140.

Staff

At present operated by the vendor on occasions with the assistance of his wife.

Trading Hours

Sunday - Thursday inclusive - 11 a.m. - 10.30 p.m.
Friday & Saturday - 11 a.m. - 11 p.m.

Outside

Small yard with parking for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of 7,440 p.a. exclusive of rates, fixed for the remainder of the term. We further understand that the landlord will consider a longer lease at terms and rent to be agreed.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

REASONABLE OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION (8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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