

Advert ref: 10694
Bag a Business is delighted to offer for sale Bargain Booze. Established in 1998, it has been in our client's careful ownership since April 2004. Trading under the Bargain Booze franchise our client has developed a very successful business and has recently extended the trading area of the shop. The business is currently run under management with an annual turnover of £780,000 and a gross profit of 16%. There is great potential to increase trade through offering more general convenience goods and installing centre display aisles. Our client also runs a glass hire business, which has been fully marketed, offering further potential for new owners. This is an excellent opportunity to acquire a highly successful business that offers new owners scope for improvement and we must therefore urge early discussions with Bag a Business.
Property:Leasehold
Lease termsLeasehold Original lease length: 20 years Remaining lease length: 6 years Review every 3 years Rent: £14,000 per annum
Living accomodationA ground floor lock-up shop with an attractive frontage and approximately 800 sq ft of trading area. Benefiting from air conditioning and recently installed digital CCTV system with 13 cameras. GROUND FLOOR Main trading area with small grocery section, 5 tier alcohol display to one wall, Coca Cola refrigerator, 2 x 2 metre chillers, 2 x double-door bottle display refrigerators, 1 x 4 metre chiller, 2-position serving counter with electronic cash register. Large stock room with metal shelving, 2 lockable cigarette cabinets, 2 safes, sink, door to outside storage building used for glass hire business. Access to rear service area. W/C
LocationBargain Booze occupies a prominent and ideal location in the centre of Trowbridge. Wicker Hill forms part of the one way system through the town. Bargain Booze is surrounded by complementary shops and directly behind the Shires shopping centre. Trowbridge, which is the county town of Wiltshire, is thriving and bustling. It has a population of approximately 28,000, and lies 12 miles southeast of Bath. It has a railway station on the Wessex main line and offers excellent road links, being on the A350 to Chippenham and close to the A36 and A303 giving easy access to London and the West Country.
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Financial details
Asking price:£125,000
Sales revenue:£780,000
Net profit:Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
