Manchester

Area Description

Based around Greater Manchester, this area holds plenty of potential for a hard-working individual.
Relatively compact geographically, making it accessible and manageable, the business is teeming with development possibilities.
The well-established area contains a welcome mix of store types including esteemed National Account partners and thriving convenience stores.
The current franchisee has run the territory for the past 10 years.

Area Details
Area Number314Trading SinceFebruary 1993
Size of Business
Annual Sales69,398Number of Outlets Trading85
Gross Profit note 131,300
Investment Required
Goodwill note 214,398
Stock & Display Equipment note 323,000
Other note 4£6,540
Total note 543,938

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.