AYR

Area Description

A Fantastic opportunity to purchase this growing area. The Franchisee supplies quality retailers Spar, Nisa, One O One Convenience stores, BP M&S Simply food stores as well as local independent stores.
Reluctant sale due to family health issues.
The area extends from the South of Glasgow and Paisley. Ayrshire with the towns of Kilmarnock and Ayr. The beautiful coastal areas including Largs & Troon. Continue south to Stranraer and then along the Galloway coast.
An area with a great variety of stores and countryside no two days will be the same.
For the right person there is the opportunity to grow from the 106 outlets the current franchisee supplies.

Area Details
Area Number405Trading Since1992
Size of Business
Annual Sales£114,793Number of Outlets Trading106
Gross Profit note 1£45,846
Investment Required
Goodwill note 2£25,000
Stock & Display Equipment note 3£33,741
Other note 4£6,540
Total note 5£65,281

Notes

  1. Gross Profit is based on draft accounts. If proceeding to the next stage you will need to verify the figures from the selling franchisee’s accounts, which will be made available to view.
  2. Goodwill price is calculated according to the level of Gross Profit achieved and is subject to final negotiation between yourself and the selling franchisee.
  3. The value of stock and display equipment is an estimate only, and a full and accurate stock take is carried out at time of sale. We have strict criteria on what stock can be transferred to ensure that it is current and appropriate in quantity.
  4. This figure excludes working capital. For guidance, allow around 10% of Annual Sales Turnover. A detailed cash flow will need to be prepared (we can assist in this process if required).
  5. VAT is payable on items in Note 4, but is fully recoverable from HM Revenue & Customs. (VAT is not payable on Goodwill and Stock).
  6. These particulars are for guidance only and do not form part of any contract.