Off Licences for sale in Lincolnshire

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Y. MacGregor (Nov 2017)
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Leasehold Price: £25,000 Annual Turnover: £78,000 Annual Net Profit: £18,000
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Business Description
Description
A prosperous Business carried on from a 900SQ and Well Fitted Leasehold Lock-up Shop Property which occupies a west street Trading Position. The Shop benefits from couple of Parking spaces at front of the shop. The retail Business has potential to expand , although we feel that there is ample potential for increase with the introduction of additional lines in chilled, fresh and Food to go. The Property is situated in a prominent Trading Position close to cinema

Business is being sold due to owner's Health Concerns

Lease
4 years lease remaining, where as it can be further renewed

Fixture and Fittings
2.5 Meter drinks refrigerator, New 3.5 meter chilled refrigerator and 2 freezer along with upright freezer, 5 meter wine and beer refrigerator and Ice cream freezer. 1.5 year Warranty remaining on 3.5 meter chilled refrigerator.
Good Size store area,

Staff -
Owner and 2 part time staff

Trading Hours
Mon - sun
07:00 - 23:00

Financial Information
Avg sale £3.2k a week. Business has seen good growth since the opening 7 month ago on ,The store still offers terrific scope for future growth and improvement. The business would therefore ideally suit an ambitious person. This will undoubtedly generate a much greater level of income whilst ultimately maximising overall profitability. Store has potential to achieve sale of at least £8-9k a week based on a survey from a leading high street brand. 
Rent £1200 a month

Summary 
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£18,000 approx).
Tenure: Leasehold

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confidential sale
PAX01303843455
Seller Reference:
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