Archived
Reputable Alcohol Delivery Service For Sale
Ware, Hertfordshire
- Asking Price: £20,000 +SAV
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Turnover:
We are advised the business generated a turnover of circa £23,000 as of 2020, further financial information can be made available upon request.
Please quote reference B06292
- Tenure: Leasehold
Please quote reference B06292
Hilton Smythe is delighted to welcome to the market on a leasehold basis an extremely clever and popular business for sale. Premium Alcohol Delivery Ltd has been under the careful and meticulous ownership of our clients since late 2017. Only now has the business been introduced for sale as our clients look to pursue other full-time careers.
Premium Alcohol Delivery Ltd, is a late-night alcohol delivery company, well established in the Hertfordshire region and provides a 30-minute delivery service where orders can be placed through an easy-to-use website, or over the phone with customers having the ability to pay either on the website or over the phone.
The business Stock is purchased through various wholesalers and stores, all stock is securely stored at the premises, products for delivery include beer, cider, wine, vodka, gin, whiskey, rum along with soft drinks, ice, pre-mixed cocktails, and tobacco products.
We feel there is massive scope to increase the turnover as the company also has the ability to increase current trading hours, as the current premises license to sell alcohol is 6pm-6am 7 days a week. Also, by undertaking a robust marketing campaign via local press and social media, along with further promotion of the dedicated website and target marketing and increasing the product lines available for delivery as well.
Very rarely do such well-established and popular businesses come to the open market, therefore early viewing is highly recommended.
The business is ran and managed by 2 full time members of staff.
The business trading hours are as followed:
Monday to Wednesday - Closed
Thursday - 20:00pm - 01:00am
Friday & Saturday - 20:00pm - 03:00am
Sunday - 18:00pm - 22:00pm
The business is located in the popular market town of Ware, Hertfordshire. Nicely positioned on the Hertford Road area giving excellent access routes to Hertford, Ware, Hoddesdon, Harlow, Stevenage and other areas via the A414 and A10.
The town of Ware is a bustling market and riverside town with a population of around 19,000 and is well serviced in terms of local amenities and further benefits from excellent transport links to London by road and rail.
The Office space is located in a prime location, with each room having its own independent full network system (CAT 6) and independent WIFI access point, fibre broadband and ample stock storage area. Further benefits include Onsite allocated parking, Communal break out and kitchen areas, CCTV, electric gates with intercom entrance system, gas heating and Cleaning of office once per week including rubbish disposal.
Tenure
We are advised the business is being sold on a Leasehold with the current Lease due to expire in February 2022, the monthly rent for the premises is £541.67+VAT.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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