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Retail

Other Retail Trade

Advent Business Sales have been instructed to offer for sale this extremely well established business with excellent further potential. Established 26 years ago by the current vendor, it is now reluctantly offered for sale due to imminent retirement plans. The business is staffed by the vendor with the assistance of 1 part time employee and operates a coffee services distribution business within approximately a 50 mile radius. Products such as high quality Italian coffee beans and grounds, as well as biscuits, sugars and mints are supplied regularly to sandwich shops, cafes, restaurants and also offices and retail premises. To further compliment the business, our client sells repairs and hires out coffee machines to include cappuccino, espresso and filter machines as well as bulk brewers and water boilers to a number of establishments. There are over 80 machines out on hire and the vendor supplies the coffee and extras in addition, 15 machines are out on lease rental which substantiates to a good income. Advertising is done via the Yellow Pages and a high volume of customers comes through repeat custom. TRADING HOURS 7 days as business dictates. EXPANSION POTENTIAL Our client has profoundly expressed that a younger, energetic person could easily convert this operation to a highly profitable one with advertising, demonstrations and aggressive marketing as the product is of high quality and deserves a better and wider representation. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 133,000 Gross Profit: 55,000 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A well maintain and equipped site close to Huddersfield town centre, consisting of the following: Ground Floor Large storage area with racking to accommodate stock ready for despatch. Mezzanine floor with office and w/c Parking available in car park TENURE: Rented Original lease: 3 monthly rolling agreement years Rent: 330 per month We are advised that the annual business rates are currently: 370 VIEWING Please DO NOT approach the business or its employees without a prior appointment. All appointments are to be made via our office.

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