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Advert Details
Profitable South London Health Food Shop Plus Clinic For Sale
(Ref: M2846)
South London, United Kingdom
Financials
Asking price: £52,000
Sales revenue: £182,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
SPACIOUS SINGLE FRONTED SHOP approx. 5 metres wide x 12 metres depth with laminated strip floor. Modern adjustable shelving, counter, EPOS scanning system with till, 1 upright glass fronted display fridges, 1 upright glass fronted deep freeze etc.
Stairs to large basement with 3 treatment rooms (2 with couches)
Kitchen area
Staff w.c.
Employees: The business is at present staff operated. Staff employed 1 full time and 2 part time staff.
Trading hours: Monday - Friday inclusive - 9.30 a.m. - 7 p.m.
Saturday opening - 9.30 a.m. - 6 p.m.
Sunday opening - 11 a.m. - 5 p.m.
Property: Leasehold
Lease terms
We understand the landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
Location
Situated in a parade, excellent main road trading position, LONDON, SW
Expansion potential
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. In addition, 2 of the treatment rooms are let and provide a rental income of £850 per month each. We are further advised that the sales year ending 30th September, 2008 showed sales of £146,801 plus income from the therapy rooms of £20,400 providing total sales of £167,201 and a gross profit of £104,268.
Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £52,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


