General Dealers Off Licence With Short Hours in Sunderland For Sale Sunderland, Tyne and Wear, United Kingdom Advert ref: OL243NE Business description
Lakey & Co are delighted to offer For Sale this well established and profitable General Dealers business situated in a prime position in the very busy city centre of Sunderland. Currently taking around £5,000 per week (including VAT) , this business would provide an excellent opportunity for a buyer looking for a profitable business or an existing operator considering buying an additional outlet. The business is well positioned to benefit from the growing resident and student population in Sunderland. Huge scope for longer hours
Employees: Currently run by our client and his wife without assistance
Trading hours: Mon – Sat: 8.00am – 5.30pm
Property: Leasehold
Lease terms
The premises are offered by way of an assignment of the current lease at a rental of £20,000 per annum. The rates payable are £7508 per annum (2008 figure)
Location
The business benefits from a prominent position in a busy city centre location with parking close by and high levels of passing pedestrian traffic.
Expansion potential
There is enormous potential to increase opening hours - the business currently closed at 5.30 and does not open on Sundays. There is also potential to increase sales by focussing more on the off licence, convenience and impulse side of the business.
Financing available
This business opportunity should support finance-subject to status. Please contact Lakey & Co who can put you in touch with impartial and independent commercial finance brokers.
Related documents
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| | Financial details Asking price: £39,950
Sales revenue: £220,000
Net profit: £28,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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