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Businesses For Sale > Business For Sale in shropshire, UNITED KINGDOM - UK (UK)
9041WV Off Licence L/H £150,000 Shropshire for sale in shropshire, UK
shropshire, UNITED KINGDOM - UK (UK)
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Gross: |
Cash Flow: |
| £ 150,000 |
Undisclosed |
Undisclosed |
Business Summary:
LOCATION
The business is ideally located on the banks of the River Severn in Bridgnorth which is one of Shropshires finest and idyllic historic market towns.
The premises is situated on a busy town centre main thoroughfare experiencing high levels of traffic and footfall.
There is ample parking directly in front of the premises for customers shopping within the parade.
Bridgnoth has road networks connecting to Telford and Shrewsbury.
THE BUSINESS
Advent Business Sales is delighted to offer for sale this licensed premises with excellent further potential.
The business was established in 1995 when the premises were built, with the current owners at the helm since 2002.
It is now reluctantly offered for sale as both husband and wife have other work commitments which require more involvement.
The business currently sells a wide range of products which include:
Bottled beers
Imported beers
Fine wines & Champagne
Port & Cider
Range of spirits.
The owners continually source new products which would benefit the business offering good width in speciality and assortment.
No expense has been spared in refurbishing the premises which elegantly boasts wooden facades and solid wood flooring throughout to add to the ambience.
The shop is laid out well to attract customers.
The vendors have spent a great deal of effort and money to establish the business in return, their reputation is far reaching. Continuous advertising attracts customers from the nearby villages and hamlets.
The competition locally is very minimal which allows a healthy turnover with further scope for enhancements
REF: 9041WV
STAFF DETAILS
The business is staffed by the vendor on a part time basis with an addition to 4 part time employees working various opening hours.
TRADING HOURS
Mon-Sat: 11.00am 10.30pm
Sun: 12noon 10.30pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £550,000
Gross Profit: 17%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A well maintained lock up premises which the added security of CCTV, alarm system grills and armour plated glass, consisting of the following:
Ground Floor
Main entrance with wood and glass frontage leading into the main sales area
Racking on walls throughout
Sales counter with cash register and card payment facilities
Range of fridges
Storage area
External
Forecourt to front which is shared with adjoing shops for parking for up to 20 vehicles
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| Facilities / Terms of Lease:
TENURE: Leasehold
Original lease: 35 years
Remaining lease: 3
Review every: 5
Rent: £20,000
We are advised that the annual business rates are currently: £1,500 |
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| Potential
Growth/Expansion:
Although a profitable business, a number of options are available to further increase turnover.
1. Install a traditional hand pull serving local beers
2. Introduce deliveries and discount for multiple orders
3. Create a website enabling on line sales
4. Extend the shop into the stock area and increase product range especially wines, Champagnes and gift packs.
5. Adding Pay\one & lottery |
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| Owner
willing to finance:
Please let us know if you require finance for the purchase of a business, |
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Seller Reference Number: 9041WV
BusinessMart.com Listing Number: 51868 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Niti Jashvir
Advent Business Sales
0844 8009092
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