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Retail Franchise And Accommodation In Betws Y Coed For Sale

Betws y Coed, Conwy, UK
Asking Price:
£495,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

A superb mixed residential and retail premises located in a prominent setting within the picturesque village of Betws Y Coed within Snowdonia National Park.. The price shown is for the property and the franchise. The property is available without the franchise on negotiation.

This substantial property offers a rare opportunity to acquire superb retail premises with potential for either A2 or A3 use. Currently the premises are used for A2 retail trading as a Franchise but previously an established and profitable restaurant business.

The upper floors provide beautifully presented 4 bedroom family accommodation and a sizeable landscaped garden.

Rohan was established in the UK in 1972 providing quality outdoor/ travel wear clothing. It has developed a merchandising system which enables the company to create a retail franchise that requires no capital outlay in stock. It holds its stock items in its warehouse and retains nominal ownership of all items in the franchise store racks. When and item is sold, the details are automatically communicated via the till system and the replacement item sent out within 48 hours. With no capital tied up in stock, the franchise owner can rely on it's merchandising experience to ensure that the right balance of stock items and sizes are on display. All sales revenue is initially collected by it's bank which at the end of every week pays the franchise owner a profit margin on all their sales.

Property Information

Property:

Freehold

Living Accommodation:

4 bedroomed, two bathrooms, office, large kitchen diner, lounge, separate toilet, storage, utility.

Location:

Located in prime location of outdoor mecca, busy Betws y Coed.

Premises Details:

Character Building circa 1870 . Commercial/residential. Ground floor shop. First and second floors residential. 4 bedrooms, one en suite. Office, separate storage and utility areas. Large garden with views.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

Possibility for A2, A3 use. The building has previously been a gift shop and a restaurant with rooms.

Reasons for selling:

Retirement. Building for sale without the franchise - price negotiable

Trading hours:

Monday to Friday 10am to 5pm. Closed Sunday

Employees:
Ran by husband and wife team
Years established:
9 years as Franchise

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5 year renewable franchise. No capital tied up in stock which is supplied by Master. Franchisee paid commission weekly.

Other Information

Support & training:

Bv agreement with the company

Financing available:

NatWest approachable re financing

Contact Seller

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