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Advert Details

Long Established Retail Health Food For Sale

(Ref: M2830)

North London, United Kingdom

Financials

Asking price: £175,000

Sales revenue: £104,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Single fronted with electric shutters, medium sized premises, Air conditioned with hot air, lino floor, suspended ceiling with fluorescent lighting. Well equipped including sales counter, electronic cash register, modern adjustable shelving, CCTV system including 2 cameras, 1 monitor, 2 fridges, freeze.

* Basement used for massages.
* Staff kitchen area.
* Staff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by the vendor and 1 part time staff

Trading hours: 6 Day week (Monday - Friday) 9am - 6.15pm Saturday 9am - 5.30pm

Property: Freehold


Lease terms
Freehold Uniform Business Rates: £1,200 p.a. approx. + water rates (metered). THE BUSINESS IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RETIREMENT.

Location
Situated in a Parade, excellent trading position, residential area, LONDON, NW

Expansion potential
WE ARE INFORMED by the vendor the turnover averages £2,000 p.w. Gross profit 50% approx.

Reasons for selling
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION (£10,000 APPROX.) SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Financing available
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT


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