Asking price: £25,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £18,000

Stock value: £7,000

Business description
Due to emigration we are offering our high quality fixtures, fittings, with the option of our stock at valuation. Our lease on spacious, well fitted out & maintained lock-up premises in ILFRACOMBE North Devon expires at the end of October 2008. The landlord is keen to grant a new lease and hopes that a new owner will continue the existing trade which has been built up in these premises over more than a decade. Extensive high quality fixtures & equipment throughout as well as many excellent display fittings, cash registers, counter, refrigeration, scales, packaging, PEANUT BUTTER MAKING MACHINE, FRESH ORANGE JUICE MACHINE, & much, much more. We are happy to consider selling the fixtures and fittings separately and can even assist with removal and delivery within a reasonable distance. Could suit a farm shop, delicatessen, organic grocer or food store seeking to upgrade its equipment. If we could take it all with us to Tasmania ... we would !

Years established: 15 years +

Employees: none - owners only

Trading hours: 8.30am-5.00pm 5 days, half day Wednesday

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
The landlord will grant a new lease subject to usual checks

Location
central High Street location with strong passing trade - loading bay and disabled parking bay within a few metres - close to other busy independent stores and appealing to discerning locals as well as holidaymakers - opposite steps to/from main High Street car park and with strong reputation as a destination store.

Expansion potential
The business has traded as a specialist in health foods together with other natural eco-friendly products for more than fifteen years in the town. There is excellent scope to extend the fresh fruit & vegetable sales, as well as make better use of the lower ground floor for food preparation.

Competition / Market
minimal professsional competition in the High Street itself - but some competition from supermarkets within a mile of the High Street - it is the additional extra service and unique products that draw the customers in like local free range organic eggs, our own additive free peanut butter (made on site), fresh local veggies, farmhouse cheeses, additive free and organic products - we carry vitamins & supplements too as well as natural bodycare products, aromatherapy oils and more .... it is a lifestyle store !

Support & training
happy to help the new owner as required with supplier information and induction

Reasons for selling
emigrating to Tasmania