Wholesale Company in Middlesex For Sale

Situated in a Industrial Estate, excellent trading position, office and commercial area, Middlesex.

Turnover £ 25,000
Price £350,000

Features

Wholesale & Distribution Company

5 DAYS OPENING
Established 2010

Wholesaler of premium quality Nuts, Sweets, Household Items & many more.

2,000 customers approx including shops and petrol stations.
3 vans.

Warehouse with roller door entry, modern adjustable shelving, etc.

Office, with 2 computers.

Toilet with w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £25,000 p.w. with a Gross profit of 28% approx.

Accounts dated 31st December 2023 show sales of £702,727 with a Gross Profit of £200,449 and a net profit of £84,396

Staff

The business is at present operated by the 3 partners with 3 full time staff employed.

Trading Hours

5 Day week
MONDAY - FRIDAY 10am - 6pm

Outside

Parking space for 2 car.

Tenure

The private landlord subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 years full repairing and insuring lease with rent reviews every 5 years at a rent of £20,800 p.a. for the first 5 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £350,000 plus STOCK AT VALUATION (£70,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 175,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote