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8881LN CONVENEINCE STORE/OFF LICENCE F/H £250,000 L/H £65,000
Asking Price:
GBP 250000
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Business Location:
United Kingdom » Lincolnshire » LINCOLNSHIRE
Category:
Retail
»
Food & Drink
Description:
Advent Business Sales are delighted to offer
for sale this extremely well established
traditional convenience store, which has
been trading for almost a century.
The current vendor has been in ownership for
over 12 years. The owner has now decided
to sell due to retirement expectations.
The going concern is run on the lines of a
traditional convenience store. It is well
stocked with comprehensive ranges
including:
Beers, wines and spirits
Cigarettes and tobacco
Chilled, frozen and convenience foods
Confectionery and sweets
Fruit and vegetables
Stationery and greetings cards
Toiletries and household items
The owner has shown us plans drawn up by
Londis head office with regards to projected
sales after a £46,000 Londis refurbishment
programme. Sales are projected to grow to
£15,000.
The vendor is willing to pay for the
refurbishment if a new owner purchases the
leasehold at a goodwill of £99,950 with an
annual rental of £12,000 with a 5 year lease.
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
312000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
1996
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
No of trading hours:
Mon-Sun: 7.30am – 9.00pm
Reasons for selling:
sell due to retirement expectations.
Contact Seller Now
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