Stirling

Area Description

This area in the heart of Scotland and runs from the South incorporating the busy towns of Livingston, Falkirk, Grangemouth and Boness moving up to the Cities of Stirling, Perth and Dundee in the North.  Travelling West to Drymen and Loch Lomond and East to Dunfermline.  An area of contrasts and fabulous scenery.  The M9 and M90 motorways run through the area meaning that there are great transport links to get round the area.

The area has a well-established customer base and is being sold by the current franchisee as he wishes to become involved in his family’s business.

This area would ideally be suited to a hard-working and ambitious partnership.

Stirling

Area Details
Area Number 408 Trading Since 2007
Size of Business
Annual Sales £79,483 Number of Outlets Trading 113
Gross Profit note 1 £36,562
Investment Required
Goodwill note 2 £16,087
Stock & Display Equipment note 3 £32,632
Other note 4 £6,540
Total note 5 £55,259

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 5, 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.