- Listing ID: 867160
- (Seller ref: C7325)
Profitable Full Free Off Licence Confectionery Business For Sale
- Location:
-
- UK
- > England
- > South East
- > London
- > London
- Category:
- Type:
Listed by:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- £140,000
- Turnover:
- £494,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by the vendor's son with the assistance of 3 part time staff.
Business description
SPACIOUS SINGLE FRONTED SALES SHOP approx. 18ft frontage x 45ft depth with laminated strip floor, suspended ceiling and well equipped including counter, electronic cash register, shelving, 2 deep freezes, 9 single door drinks display fridges etc.
Staff cloakroom with w.c. and wash hand basin
Basement used for storage purposes
Property information
- Property:
- Leasehold
- Lease terms:
- The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease at a rental of £35,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £9,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade, excellent trading position, densely populated residential and commercial area, LONDON, W
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £9,000/£10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of between £120/£130 p.w. The business also sells Top-up cards and we understand this provides a further income of approx. £40 p.w.
- Reasons for selling:
- TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Saturday inclusive - 11 a.m. - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- UK
- > England
- > South East
- > London
- > London
Other buyers are looking to buy a business like this in Business Wanted >>
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell a Bakery / Confectioner section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS ADVICE BUREAU
- Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
-
- Click here for more
- GET PROFESSIONAL INDEMNITY INSURANCE
- Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
-
- Click here for more information
Advertisement
