 | Greengrocers & Florists Wolverhampton For Sale Wolverhampton, West Midlands, United Kingdom Advert ref: C1095 FINANCIAL DETAILS | Asking price: £19,950 Sales revenue: £130,000 Net profit: £24,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to be able to offer this excellent greengrocers business for sale.
Having been established over 40 years, this business has thrived on its location in a popular residential suburb. Freshness is ensured by products being delivered on a daily basis. As well as the mainly retail customers there is also a growing trade sale of over 10% which provides an opportunity for further development.
The shop is well maintained of approx 559 sq ft. There is a rear storage area, cold store, a yard and a car parking space. Above is a 2 bedroom, self contained flat currently rented at £120 p.w. but vacant possession can be obtained.
Leasehold expiring in Dec 2013 with a review in 2010. Rent is currently £15,500 p.a with rates of £4,520 which are being appealed.
Two part time staff help the full time owner providing an additional 20 hours per week.
Trading hours are Mon-Fri, 8:30 to 5:30 and Sat, 8:30 to 4:00
Sales currently exceed £2,500 p.w with a good gross margin of 35%.
The business is unexpectedly on the market due to a family relocation but a full handover will be given.
Please ask for full details.
|
GENERAL INFORMATION | Years established: 40
Employees: 2
Trading hours: Mon-Fri, 8:30-5:50; Sat, 8:30-4:00
Property: Leasehold
Lease terms
Leasehold expiring 2013 with a review in 2010. Rent is £15,500 p.a. with rates £4,520 p.a.
Living accomodation
Recently decorated 2 bedroom flat currently let at £120 p.w. although vacant possession can be obtained.
Location
Located in a popular parade of shops benefiting from good footfall and free parking.
Competition / Market
None locally.
Support & training
A full handover will be given.
Reasons for selling
Family re-locating.
Financing available
Yes, please ask for details.
|
The Business Partnership - Shropshire, Staffordshire, South Cheshire and Mid-Wales | | | |
