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John Peacock (Feb 2017)
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Leasehold Price: £99,995
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Business Description
E CIG RETAILER - LANCASHIRE
Situated in the suburban town of Rochdale
Advised annual turnover of £200,000
Monopoly trade in the area
Genuine reason for sale
LEASEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this sought after e-cig business which was established in 1980 and has been in the careful hands of our client since 2015. Only now is the business being offered to the market due to our clients desire to concentrate on other business interests. Since our client took over the business he has invested time and money in the business and premises to the point that it is in full walk in condition and has continually developed and improved the business introducing the latest lines and income streams which have enhanced the business massively. Our client informs us that the annual turnover currently runs at £250,000 with a gross profit of 46% which is derived from the sale of electronic smoking products and related accessories, such as vapour liquids, batteries, and parts for the E-cig together with giving customers advice regarding the product range. The business enjoys a strong reputation within the local community and together with the superb location of the business, enjoys a large daily passing trade and high footfall and customers are further attracted by the very impressive window display. There is scope to increase trading hours, create a professional website and offer online sales which may increase income. Our client is happy to provide training during the transition period. Currently the business advertises on Face book. This is a superb opportunity to purchase an established business with massive scope to develop further.
Trading Hours:
Monday: 10:00am - 6:00pm
Tuesday: 9:00am - 2:00pm
Thursday: 10:00am - 6:00pm
Friday: 10:00am - 6:00pm
Saturday: 9:00am - 5:00pm

Tenure: Leasehold

Accommodation Details:
Well signed prominent corner premises with a secured front entrance and briefly comprising: GROUND FLOOR PREMISES Well stocked display units and shelving Counter EPOS system PDQ machine Basement Storage Area EXTERNAL Shutters to front of the premises. CCTV Alarm system

Location Details:
This well established E-cig retailer is situated in a prime corner location on a major through road in the town centre of Rochdale. The business is surrounded by many complimentary businesses and with many residential properties close by. With private and off road parking the location is ideal to facilitate our client's business needs and provides ease of access for customers, collections and deliveries. Rochdale is large market town in the North West of England; it lies approximately 5.3 miles to the North West of Oldham and 9.8 miles to the North East of the closest major city of Manchester. Rochdale is now primarily a residential area and is best known as the birth place of the Co-operative movement and more affectionately associated as the birth place of singer Gracie Fields. The town is easily accessed via the A58 and the A627M which links the town to the M62 motorway which provides good links to the UK's wider motorway network.

Listed by: Meridian Business Sales Limited

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