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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 25,000

Features

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

** PRICE REDUCED TO 25,000 plus s.a.v. FOR IMMEDIATE SALE **

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

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 25,000 plus STOCK AT VALUATION (8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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