| (REF: 1075) Off Licence For Sale in Bournemouth Price Reduced |
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| Seller Reference: |
1075 |
| B4S Reference: |
15654 |
| Asking Price: |
£110,000
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| Net Profit: |
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| Sales Revenue: |
£900,000 |
| Number of Staff: |
4 |
| Established For: |
28 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Bournemouth, Dorset, United Kingdom |
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Phoenix Business Transfer agents are delighted to offer onto the market this very profitable off licence, which has been established since 1982, our clients having owned the business since 2006. He now wishes to retire hence reluctant sale.
This is a specialist Off Licence which provides alcoholic beverages from £5,000 downwards. It is the only specialist shop in the area and provides a huge array of wines, beers and spirits.
Our client operates the business on a full time basis along with 2 full time and 2 part time staff. The staff will be prepared to stay on after sale.
The concern is very well known in the local area and benefits from a large amount of exposure including local advertising and local leaflet drops.
This business is completely recession proof because of the large array of products on offer. It is an easily run concern and benefits from having a very competitive range of suppliers.
The potential of the business is huge. In the past the concern has exceeded 1 million pound turnover and there is a large yet untapped commercial market which our client has not attempted to approach.
Our client would be available for a business familiarisation period if required.
Property Details
This large glass fronted premises has a branded shop front which is very attractively displayed.
Lower Floor
A very large cellar which houses a large amount of stock.
Ground Floor
The shop itself is very attractively displayed with a large array of alcoholic products, probably the largest in the town. The main retail area is approximately 40ft x 35ft with a large customer service point. There is also disability access to the shop. To the rear there are offices and staff facilities.
First Floor
Over the first and second floor there is a 3 bedroom flat with a very large drawing room / dining room, lounge, kitchen, and bathroom.
External
There is a yard to the rear with a large covered area for storage.
Financial Details
The present turnover is in excess of £900,000 with a gross profit of approximately 22%. The total wages bill is in the region of £30,000 per annum.
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Property: |
Leasehold |
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Lease Terms: |
There is a 20 year lease in place with 13 years remaining. The next rent review is in 2009. |
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Current Rent: |
£32,000 per annum. |
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Living Accommodation: |
No |
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Location: |
Phoenix Business Transfer agents are delighted to offer onto the market this very profitable off licence, which has been established since 1982, our clients having owned the business since 2006. He now wishes to retire hence reluctant sale. |
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The potential of the business is huge. In the past the concern has exceeded 1 million pound turnover and there is a large yet untapped commercial market which our client has not attempted to approach. |
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Our client would be available for a business familiarisation period if required.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The business operated from 9.00am – 10.00pm Monday – Thursday, from 9.00am – 10.30pm on Friday and Saturday, and from 11.00 – 10.00pm on Sunday. |
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Our client operates the business on a full time basis along with 2 full time and 2 part time staff. The staff will be prepared to stay on after sale. |
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