Successful Fishmongers In Croydon For Sale

Business description

Quality Well Equipped Fishmongers

To fit this shop out from scratch would cost well over £100,000.

If you want a ready made business to provide an excellent lifestyle for yourself and family, Then this business is going for a song. Turnover: £182,000 Net Profit on Request.

The Vendor is looking for £87,500 in Prime Location successfully trading since 1998.

DOUBLE FRONTED SHOP approx. 600 sq. ft.area with quarry tiled floor, half tiled walls, suspended ceiling with concealed lighting. Air conditioning. 14' open cool display unit, 2 electronic scales, electronic cash register, upright stainless steel deep freeze, glass topped chest deep freeze, 2 small glass topped deep freezes, sink with double drainer. CCTV system with 1 camera, plus monitor. REAR EXTENSION with tiled floor, plastic cladding to walls and fully equipped including 2 sinks, stainless steel preparation table, large gas hob, double door stainless steel fridge, stainless steel fish cabinet, upright larder fridge, 2 ice machines, gravity feed slicer, wash hand basin etc. Staff cloakroom with w.c. and wash hand basin
Property: Leasehold Lease terms: the premises are held on a secure renewable lease from a private landlord, the present lease for a period of 10 years from 2004 at a rental of £6,250 p.a. exclusive of rates for the remainder of the term. Uniform Business Rates: £555 p.a. (after small business relief) :
Situated in a parade, excellent main road trading position, rear parking suitable for Van Expansion potential:

If the new owner would consider home delivery then turnover could explode in the right hands.
We are informed the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.

The Vendor would like to move up to the North of England for Family Reasons

Trading hours: Tuesday - Saturday inclusive - 8.30 a.m. - 5 p.m. Sunday opening - 9 a.m. - 1 p.m. Closed Monday
Employees: The business is at present operated by the vendor with the assistance of his wife on Saturday.


Financials

Asking Price: £87,500
Revenue: £182,000
Cash Flow: ON REQUEST Downpayment: £0
Monthly Payroll: £0
FF&E Asking Price: N/A (Included in Asking Price) Inventory Asking Price: N/A (Included in Asking Price) Financing Available? Yes
Property

Type: Leased Building Size: 600 sq ft Other

Franchise? No Homebased? No Relocatable? No Year Established: 1998
Year Acquired: 1998
Full-Time Employees: 1
Part-Time Employees: 1
Reason For Sale: The Vendor would like to move to the North of England for family reasons. This is a motivated seller

Property information

Property:

Leasehold

Other information

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