Business for Sale in OTTERY ST MARY, DEVON - GREENGROCERS - Leasehold: £39,995

Key Information

Ref
F34735N
Type
Retail Businesses: Greengrocers
Location
England: Devon
Tenure
Leasehold
Status
Sold
Annual Sales
£171,657 Ex Vat
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Very profitable GREENGROCERS, also offers some WHOLEFOODS & DELI ITEMS, popular growing EAST DEVON town, occupying probably one of the best trading positions within OTTERY ST MARY, highly visible, centrally positioned on ‘The Square’ surrounded by other independent businesses, enjoying good pedestrian foot flow.

Attractively presented premises, well fitted for the trade, providing retail area, storage, kitchen/office facilities, includes a host of quality equipment originally acquired at substantial cost. Favourable lease terms, minimal overheads, rent only £130 per week, currently receiving 100% business rate relief.

Established business which continues to grow, renowned for quality produce, sourced locally if possible, all stock delivered (except from local growers), no need to attend markets. Year on year sales increase, 2019 £171,657 ex Vat, currently tracking 11% up in respect of current trading year, Gross Profit £64,219, sound Net Profits in excess of £40,000 to owner operators, easily manageable.

Leasehold £39,995 sav Ref: F34735N

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