Profitable High End High Street Retail Business For Sale

Business description

We are delighted to offer the rare opportunity to acquire the shares of a substantial, established and highly profitable franchised business.

Franchise terms

Under the franchise agreement, the franchisee/owner must committ to working at the business on a full-time basis The business is extreemly profitable, even after all franchisee fees have been paid and we anticiapte that the new owner will pay off their initial investment in within a 4 year period. Parties satisfiying our vetting processs, who are deemed to be realistic buyers will be provided with full details of the franchise agreement.

Property information

Property:

Leasehold

Lease terms:

15 Year Internal Repairing Lease with circa 12 years remaining.
Combined annual rent and rates in the region of £87,000.

No rental bond or deposit paid by the existing owner.

Location:

Primary town centre position.

Other information

Expansion potential:

The business does afford scope for potentialy higher sales for the right type of buyer [this issue will be expanded upon for vetted parties showing genuine interest.]

Competition / Market:

The business has been been consistently profitable against a background of competition from all of the 'usual' sector competitors. Immediate threats to performance from new competition is therefore in our opinion, minimal.

Support & training:

Full support from the existing owner/franchisee is available for a short or long handover period as required. Long/term ongoing help and support is available as standard via the franchisor.

Reasons for selling:

The vendor wishes to invest the sale proceeds into a new unrelated business activity.

Trading hours:

Open all day, 7 days per week

Financing available:

Funding packages are available, subject to experience and status. It is anticiapted that a level of secuirty or cash will need to be put up by the buyer.