Nottingham West

Area Description

 

Available due to retirement, this area represents a wonderful business opportunity. It pleasingly combines thriving businesses around Derby and West Nottingham with rural stores. Compact yet teeming with possibilities, the area has been thoughtfully managed by the present franchisee and contains a superb diversity of loyal customers. Pic for web

Area Details
Area Number204Trading Since1992
Size of Business
Annual Sales72,617Number of Outlets Trading82
Gross Profit note 132,500
Investment Required
Goodwill note 215,000
Stock & Display Equipment note 316,600
Other note 4£6,540
Total note 538,140

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.