Peterborough

Area Description

A great opportunity to invest in a well-run area, Peterborough.  The green city of East England and Cambridge being the city for all seasons, where a blend of independent shops are mingled with high street brands. Conscientiously managed and developed by a professional couple.

Area Details
Area Number 203 Trading Since 1993
Size of Business
Annual Sales £103,117 Number of Outlets Trading 113
Gross Profit note 1 £44,563
Investment Required
Goodwill note 2 £23,173
Stock & Display Equipment note 3 £23,657
Other note 4 £6,540 + VAT
Total note 5 £53,370

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.

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