Retirement Sale
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $400000
Net Profit / Cash Flow $400000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1936
Number of Employees 1 - 3
Inventory 300000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Full support and training - see main listing.
Reason for Sale Retirement owner is now 62 years old.
Description England - Beautiful 3 bedroom detached all ensuite with a further bedroom/office in the garden. Freehold, situated at the foot of the Lincolnshire Wolds in an area of outstanding natural beauty. The house also has the benefit of a trout stream running through the garden in the village of Brigsley. The business was established 75 years ago and is famous throughout the area. Very little is spent by the way of advertising, the customer keeps coming back year after year.
The present owner has owned the business for the last ten years and is only the third owner in 75 years since business formation. A further concessions stand is available at Cleethorpes Beach front but this would entail the purchase of a fifth van. Sales are also supported by the sale home made jams and chutneys and a range of confectionery.
This is a retirement sale and would be a great opportunity to move in to the English countryside for a man and wife team. The business which is run by the owner with the help of 2 part timer drivers has a turnover of œ196,000 with a gross profit of œ139,000 Nett profit of œ100,561 The owner is prepared to stay until the new owner are comfortable and will all ways be available to assist if necessary.
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