Well-Established, Local Wine Business

  • Leasehold Price: £35,000
  • Annual Turnover: £179,163
Boroughbridge, North Yorkshire, England
Seller Ref:DB10580
For Sale

Well-Established, Local Wine Business

Boroughbridge, North Yorkshire, England
Seller Ref:DB10580
  • Leasehold Price: £35,000
  • Annual Turnover: £179,163

Overview

Seller Ref: DB10580

Description

Alan J Picken are delighted to offer this well-established, local wine business onto the market.

The business sells a wide variety of fine wines, spirits and Havana cigars carefully selected by our client. Right from day one, our client has chosen to work with small, independent, specialist importers, especially those who have a particular passion and insight for a country or a region. This means that the importers and our client are working predominantly with winemakers of a similar frame of mind; ones who value their independence and individuality, their location, their tradition and seek to express this through their wines.

Our client takes a lot of pride and a lot of pleasure in representing these wines and presenting them to customers for their enjoyment. By virtue of the prime trading position and excellent reputation, the business attracts a local and loyal clientele as well as those from surrounding conurbations.

The business is situated prominently on the thriving high street in the heart of Boroughbridge, North Yorkshire. The town itself is growing rapidly with the construction of new housing, attracting ever increasing numbers to its high-quality independent shops and cafes.

Currently run on civilized openings, trading 4 days a week, achieving excellent sales and profits.

Turnover £179,163 on May 2023 accounts.
Gross Profit 25%.
Excellent Net Profits achieved.

We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.

Business £35,000 + SAV
Leasehold.
North Yorkshire.
Reference. DB10580

Location Details:
The business is situated prominently on the thriving high street in the heart of Boroughbridge, North Yorkshire. The town itself is growing rapidly with the construction of new housing, attracting ever increasing numbers to its high-quality independent shops and cafes.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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