 | Busy Off License South Wales For Sale Mid Glamorgan, South Wales, United Kingdom Advert ref: MS313 FINANCIAL DETAILS | Asking price: £50,000 Sales revenue: £513,500 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer for sale this very busy off license for sale that although only opened just over a year ago has increased turnover month on month. The turnover is predicted to increase for a further two years before leveling out
The business has no real competition locally as the marketing advantages working with Bargain Booze enable the outlet to be very competitive
Operated by the vendor plus 2 full time and two part time staff the business is easily managed.
Premises:
Good sized sales shop approx.60 sq metres) with a comprehensive range of trade fittings and fixtures including displays and racking. Counter with electronic till. The business is set up with an EPOS system that records each sale and acts as a stock taking and ordering system that is connected to Bargain Booze office. There is a small stock room to the rear and a small office.
Access to basement area is via a staircase within the shop.
The basement is used for storage and for deliveries via a rear door with access to the rear car park. The property was previously used as a bank and retains the walk in bank vault in the basement. This is now used to store higher value stock. There is a staff toilet also in the basement area
The property is protected by an alarm system and CCTV cameras.
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GENERAL INFORMATION | Employees: 2 full time/2 part time
Trading hours: Monday to Saturday 9.00am to 10.00pm
Property: Leasehold
Lease terms
Leasehold 8 years remaining with 3 year break clause.
Rent: £13,000 pa
Rates: £4,160 per year
Franchise fee £800 every 6 months
Location
Well located in the centre of a large town.
Expansion potential
Rising turnover
Support & training
Handover training available
Reasons for selling
other business interests
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The Business Partnership - South Wales | | | |
