Advert Ref: J7058B
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Asking price: £85,000
Sales revenue: £160,000
Net profit: £138,000
Inventory value: £27,000
Business description: On high str posn, close to stn, M20, densely pop area, etc. 1,220 sq ft grd flr & 480 sq ft 1st flr, t/o £160,000 pa @ 35% GP (£138,000 NP). 10 yrs lse from Jan 2009, 5 yrly reviews, rent £22,000 pa, rates £6,300 pa.
Years established: 1996
Employees: Family run + 1 f/t
Trading hours: Mon - Sat 9 am - 5.15 pm
Property : Leasehold
Lease terms: 10 years lease was granted in January 2009 with 5 yearly rent reviews and the current rent is £22,000 pa.