LOCATION:
BTC are delighted to share this profitable organic store located in one of the Posh area of North London, The shop is Located in bustling commercial and residential districts with high foot traffic, The shop is very close to schools, surrounded by numerous bus stops, and a minute away from the train station, accessibility is a key feature. With proximity to a football club and gym just a mile away, the location is ideal.
OVERVIEW:
The store has been refurbished with new fixtures and fittings, and it's in excellent condition and spacious. It's strategically located and offers a variety of products, along with maintaining good customer relations. This well-kept business is fully equipped with essentials such as chillers, storage space, CCTV cameras, deep freezers, an open cool display unit, fridge, counter, and more. Everything needed to keep the business running smoothly is already set up.
The store includes a large basement storage area equivalent to the size of the shop above. The business maintains a good profit margin of 65%, which continues to grow over time. The current owner is selling due to other commitments, so the business is looking for new management with fresh ideas. It's well-known in the area for its organic food and has received very good reviews on Google.
TURNOVER: £10,000 Per Week (Increasing Daily)
POTENTIAL: There's a significant opportunity to grow the business. The oncoming buyer could start selling alcohol, organic wine, and other items to boost sales. Additionally, while the business currently specializes in organic and vegan food, the new owner could expand by offering a wider range of products.
RENT: £25,000 Per Annum
RATES: To be confirmed
TENURE: Leasehold - 15 years remaining
SIZE: Total Floor- 3,300 sqft Approx. (Includes the basement)
* Shop floor: 1350 sqft Approx.
* Pantry and storage: 250 sqft Approx.
* Office: 50 sqft Approx.
(Additionally, there is a large storage space in the basement, equal in size to the shop above.)
TRADING HOURS: 9:00 AM to 9:00 PM (All days)
Additional Potential: Oncoming buyers could extend the shop's trading hours by keeping the shop open till late.
PRICE: The business is marketed for £249,000 plus SAV. It includes the goodwill, fixtures and fittings.
