Middlesbrough/Sunderland

Area Description

The purchaser would take over a well-established and maintained account base with a pleasing mix of outlet types.  Ideal for an ambitious individual or partnership.

Area Details
Area Number Trading Since 1995
Size of Business
Annual Sales £100.740 Number of Outlets Trading 189
Gross Profit note 1 £46,340
Investment Required
Goodwill note 2 25,000
Stock & Display Equipment note 3 £45,900
Other note 4 £6,540
Total note 5 £77,440

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.