Bargain Booze Franchise Resale In Nottinghamshire For Sale

Business description

HISTORY

• The vendor has been in ownership for the last 12 months.

REASON FOR SALE

• The owner has decided to sell due to purchasing a larger business in Northamptonshire.
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FINANCIALS

• The vendor has informed us that sales are averaging £9,000 per week at present and growing.
• Within the Bargain Booze model, sales tend to grow for the first three years. Hence the business has a further 24 months to find their true average weekly take.

PRODUCTS

• Full ranges of beers, wines, spirits, cigarettes and a small range of confectionery, milk, bread and convenience foods.

CUSTOMERS

• Mainly from the local area with a high number of repeat sales.

SUPPLIERS

• All from head office.

STRENGTHS

• Excellent location
• Security
• Growing sales
• Extremely well established
• Superbly fitted premises


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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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

Property information

Property:

Leasehold

Location:

• Positioned within a pedestrianised precinct, within Nottingham.
• The business is surrounded by a very densely populated housing estate.
• It benefits from free car parking and a high volume of passing and regular trade

Premises details:

A single lock up unit benefitting from a security screened glass area, roller shutters and CCTV
• The premises have been fully fitted out as in accordance to the Bargain Booze brand.
• There is a store room to the rear, as well as a w/c and access for loading.

Business Operation

Expansion potential:

• Working owner can increase profits and sales immediately.
• Scope for grocery items and more convenience items.
• Potential for deliveries for parties, weddings and functions.
• Open earlier and stay open later
• Paypoint
• Introduce food items i.e frozen food

Employees:

• The business employs one full time and one part time employee, with the vendor occasionally helping out