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Finance And Services:

Business For Sale. Food, Drink & Confectionary Retailer

LISTING DETAILS
Firms For Sale ID:
25040
Vendor reference:
AF129
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£85,000  
Turnover / revenue:
£215,000
Net profit / cashflow:
Undisclosed
Years established:
15
Trading hours:
Monday Saturday 0900-1715 Sunday: Closed through choice Bank Holidays: Closed through choice
Number of employees:
3

OTHER DETAILS
Reason for selling:
The vendor is looking to retire and spend more time abroad.
Support and training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leased. Current lease is for 5 years. Annual rent is circa 12,700p.a. Rates are circa 7200 p.a.
 
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BUSINESS DESCRIPTION
Food, Drink & Confectionary Retailer

Ref.AF129
Location Preston,Lancashire
Asking Price 85,000 plus stock at valuation

This company has been trading within the heart of the city centre for some 15 years and has built up a reputation for supplying customers with high quality branded food,drink and houshold products in loose quantities. Not only does this allow customers to buy the exact amount they require, be it large or small, at competetive prices but it also promotes a more eco friendly approach to retailing by reducing the amount of packaging used to sell goods.

The business stocks well over 500 lines including a full range of sugar free foods and confectionary that are all suitable for diabetics as well as gluten free products.

The shop has endless quantities of food from pet food to pick & mix sweets. It is this choice together with freshness and quality that ensures very impressive levels of repeat business.

Retail sales accounts for circa 95% of sales but the business also undertakes a small amount of wholesale business.

Expansion Potential
There is an outstanding opportunity to build on the existing business levels and customer base of this business. With a strong demand for this business's products, combined with the new capacity to increase turnover, a new owner contributing fresh ideas, will have every advantage of building on an excellent platform.