Asking price: £95,000

Sales revenue: £118,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £15,000

Business description
In parade of local shops, busy main rd, excel trading posn, densely pop area, close North Circular, M1, stn, etc. 500 sq ft, t/o £118,000 @ 27% GP. New 16 yrs lse, 4 yrly reviews, rent £18,000 pa, rates £3,300 pa.

Years established: 26

Employees: Owner + 2 p/t

Trading hours: Mon – Fri 9.00 am – 6.00 pm (Thurs half day).

Property: Leasehold

Lease terms
New 16 years lease with 4 yearly rent reviews @ an initial rent of £18,000 pa.

Reasons for selling
Genuine retirement