Discount Stores for sale in Somerset

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 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £59,950 Price Reduced Weekly Turnover: £4,000
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Business Description
The business benefits from no competition in the area.

We understand has been established for approximately 25 years and in the same ownership for the last 10 years.

The business benefits from low rent, rates & overheads

IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,200 sq. ft. sales area with non-slip floor (new approximately 1 year ago), suspended ceiling, fluorescent lighting, 2 electronic cash registers, counter, latest fixtures & fittings, new state of the art dual monitor CCTV system etc.

Stockroom
Small staff kitchen area
Staff cloakroom with w.c. & wash hand basin.

Turnover : £4,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 45% generating a gross profit in excess of £100,000 p.a. We understand from the present owner that the net profit should be in the region of £50,000 to owner operator.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,950
or near offer plus STOCK AT VALUATION (currently £25,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY OPENING


Number of Employees:

At present operated by 1 full time & 3 part time staff.
In our opinion with an active husband & wife team the wage bill could be reduced.

Tenure: Leasehold

Accommodation Details: Shared service yard at rear

Location Details:

Situated in a parade, excellent trading position, near BRISTOL

Listed by: Nationwide Businesses Ltd
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M4533
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