This business is on the market for only the first time in the last 10 years, the current owner purchased the business then and has now decided that he wants to concentrate on his other business interests.
The business has been in its current position for the last 20 years and was fully refurbished and symbol group branded in 2023. The certified accounts show an annual turnover in excess of £485,000 for the financial year ending March 2023. This includes an adjusted net profit of over £50,000.
Our client and his partner work full time in the business along with a number of part time staff. The part time staff would stay with the business if required or if a full time working couple decided to run it themselves it could lead to making a difference to the current wage bill which is in excess of £31,000.
The current business does not open after 7.00pm and closes at 5.00pm on a Saturday not fully utilising the off license element of the business which of course would lead to a growth in turnover and net profit.
Viewing strictly by appointment only.
Price to include the goodwill of the business, the assignment of the existing lease and the entire inventory of trade fixtures, fittings and equipment. Our client will also provide any advice or assistance on handover if required.
- Asking Price:
- £149,950
- Turnover:
- £485,000
- Net Profit:
- £50,000
Property Information
- Property:
-
Leasehold
