Greengrocers for sale in Sutton

View the "Michaels Fruiterer Sutton SM3 8BH" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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John Peacock (Feb 2017)
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Leasehold Price: £47,500 Turnover: £161,000 Gross Profit: £55,000
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Business Description
Business
Michaels Fruiterers is a well known and established Greengrocers in a prime trading location.

This friendly fruiterer has been a family run business for over 40 years so is very well established within the community and prides itself on the level of service they provide to their customers, due to their ongoing commitment to their customers they benefit from the majority of their business being repeat customers but also due to their excellent location they have a large amount of passing footfall.

The store is very well stocked selling a wide range of fresh produce of the highest quality including fruits, salads and vegetables with stock changing throughout the seasons.

Early viewing is highly recommended.

Location
The business is located just off the A232 along The Broadway in Sutton, nestled amongst a parade of shops which include high street banks, beauticians, cafe and a bridal wear shop.

It also benefits from parking a short walk from the premises where customers can park upto one hour for free.

Premises
The shop front is along a parade of shops with its eye catching veranda, protecting the fruit and vegetables on display outside from the weather conditions.

Once in the shop you are greeted with the till counter to your right and then an impressive array of fresh fruit and vegetables on display located along 3 walls with further produce on display in the center of the shop.

To the rear of the shop on the left hand side there is a doorway which leads to the office which houses the pc and telephone and a modest kitchen area, this leads to another doorway which takes you through to a storage area where the cold store is situated, there are also the toilets to the left hand side of the storage area.

To the back of the storage area is a rear door and this leads to an allocated parking space for the business.
Equipment:
● Display units
● 3 x Till systems
● 3 x Scales
● Pumper
● Microwave
● Cold store

Tenure
This is a leasehold business with a 6 year agreement and 3 years remaining, the owner has indicated that the landlord would consider increasing this to 10 years.
Rent is charged at £11,500pa
Rates are nil.
Total area is 81.06 M2

Hours
Mon-Sat 8am-4pm.

Staff
3 including the 2 owners

Financial Profile
Turnover £162,000
Gross Profit £56,000
Adjusted Net Profit £31,500

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04253
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