Well Established Vegan Health Food Shop in West London For Sale

Situated in a parade, excellent trading position, close to an Underground & near a large hospital West LONDON

Turnover £ 5,000
Price £150,000

Features

Well Established Health & Nutritional Supplements, Vegan & Vegetable Foods

Small forecourt to -

SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. with woodstrip floor, counter with electric cash register, open cool display unit, 1 small hot display cabinet, 1 counter glass fronted fridge, 1 upright counter stainless steel fridge, 1 upright stainless steel deep freezer, microwave oven, shelving etc.

Basement fully fitted ktichen with tiled floor. The equipment includes upright deep freezer, upright stainless steel fridge, electric cooker, laminated work surface etc.

Small treatment room with sink - ideal for facia treatment & massage

Small office
Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 31st December, 2018 showed £269,647 with a gross profit of £170,413 & a net profit of £66,650.

Staff

The business is at present operated by a lady vendor with the assistance of her husband plus 1 full time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 6 p.m.
Saturday opening - 10 a.m. - 4 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £37,500 p.a. exclusive of rates for the next 5 years with rent to be agreed thereafter.

Uniform Business Rates: £7,900 p.a. approx.

RETIREMENT SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£20,000/£25,000 appox)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote