F/H or L/H Food Retailer/Wsaler Import & Mfr
Price:
Freehold - £1,250,000
Leasehold - £350,000
Location:
Nottinghamshire , Nottingham
Business Type:
Corporate Businesses, Retail businesses
Advent Business Sales are delighted to offer to the market this very highly profitable business opportunity, as such rarely present themselves.
The working husband and wife team have now decided to retire after establishing the business 29 years earlier.
Our client is extremely well known within Nottingham and benefits from a loyal and highly frequent customer base.
The business is involved mainly in the retail of meat and food products with an emphasis on Polish products. Our client also imports and wholesales at the same time and manufacturers some items.
The sale includes 2 sites. The first is the main site and the second a retail deli headed by a manager.
Our client retails a vast array of deli products including:
• Hams
• Meats
• Continental sausages
• Garlic sausages
• Smoked bacon and cabanas (they make these on site)
• Polish style black pudding (highly popular)
They also import a very wide range and variety of food products.
The £800,000 annual sales are derived mainly from retail sales (approx 85%). The balance is derived from wholesale/trade customers who all pay within 7 days. Hence cash flow is extremely strong.
A husband and wife team, 2 full time – one of which is a manager who runs the deli and 2 part timers, staffs the business.
Stock at value is approx £10 - £15,000
Our client is also EEC approved.
REF: 9213NG
Please complete the attached confidentiality agreement to ensure a prompt response to your enquiry
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
Our client has 2 retail outlets; both are located in a very busy and thriving area on a main road through Nottingham. The immediate area consists of a vast array of independent retailers surrounded by a very highly densely populated residential area, consisting of mainly terraced villa dwellings. Both roads have vast numbers of both passing trade, both pedestrian and vehicular.
Nottingham is a thriving and buoyant city at the heart of the East Midlands. The city has an ever increasing university. It is a city that is highly favourable in which people work, live and play. The area is accessed by junction 26 on the M1 motorway.
Main site:
Mon-Sat: 9.00am – 6.00pm
Retail Deli:
Mon – Fri: 9.00am – 5.00pm
North Yorkshire
£ 750,000
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