Guide price of £35,000
The business trades on Hobson Industrial Estate which is an established and popular industrial estate between Burnopfield and Tanfield in Newcastle upon Tyne. Hobson Industrial Estate has occupiers including Quantum Pharmnaceutical, Furniture Clinic, Bodyblitz Fitness, House 2 Home, Drilling Supplies & Hire Services and Hobson Test Centre.
The business is situated on a main road through the estate which has high passing trade.
Hobson Industrial Estate is situated on A692 which is a main road providing direct access to the A1(M) to the north east and A68 to the south west. The A692 is serviced by local bus routes and the nearest train station is Dunston, 6 miles to the north.
The subject business is a mobile catering service which is currently situated on Hobson Industrial Estate. Our client established the business in this location and has successfully traded for 22 years. A full inventory can be provided upon request.
Our client purchased this business 22 years ago and has traded in this popular pitch since then. The business operates five days per week (Mon-Fri) and the hours are established at 8am – 2pm however there is a licence in place to trade for six days.
The business trades with a weekly turnover of £1,500 per week and a high gross profit of 48.98%. Accounts can be made available to seriously interested parties.
The business would be ideal for an owner operator to have a career change or for an established trader to expand into another location, there is scope for improvement.
The goodwill of the business is for sale with a guide price of £35,000 (Thirty Five Thousand Pounds). This is to include all assets as well as the fixtures and fittings of the van.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
For general enquiries and viewing arrangements please contact Jamie Wales at Bradley Hall.
Tel: 0191 232 8080