 | Well Established Local Licensed Grocer For Sale Lothian, United Kingdom Advert ref: G614 FINANCIAL DETAILS | Asking price: £32,500 Sales revenue: £270,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delight to offer for sale the following business.
The business has been established for over 10 years and run for the last 4 years by the present owners. The business has seen a steady growth in turnover and benefits from a large repeat loyal custom as is it is set in a densely populated residential area. There is a large local school nearby that uses the business in the morning, lunchtime and after school
The shop is a licensed grocers and offers a large selection of groceries, soft drinks, alcohol, tobacco products, newspapers, magazines, filled rolls and also has a cash machine.
The open plan shop is very spacious and has the potential to add to the product range. There is also the potential to expand the sandwich and hot and cold filled rolls as the business is very popular with the children from the local school especially during lunchtime.
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GENERAL INFORMATION | Years established: 4 years
Employees: The business is run by the owner and 3 full time employees
Trading hours: 6am - 6pm Monday - Thursday. 6am - 8pm. Friday. 6am - 5pm Saturday - Sunday
Property: Leasehold
Lease terms
Current lease expires 2011. With new lease available. Rent is £4,550 per annum. Ratable value £2,900 with rates payable of £938
Location
The business is located on South Street, Bathville, Armadale, West Lothian, a densely populated residential area. South Street is on the B8084 leading onto Station Road and the B708 lower Bathville. Only a short walk to the centre of Armadale.
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The Business Partnership - Scotland - Central & West | | | |
