Business Hilton Smythe welcomes to the market Booze 'N' More, established by our clients in 1997 who are now looking to sell to retire.
Booze 'N' More is a fine example of a traditional off licence business, selling a large range of red, rose and white wines. Sparkling wines and champagnes, liqueurs, spirits, speciality beers and ales, ciders and chilled lagers. There is large selection of cigarettes including a small range of groceries and household products, confectionery and crisps.
In the summer months our client adds ice cream and lollies to the range. There is a greeting card stand at the front of the shop also which operates on a pay on sale agreement.
The business attracts a very loyal customer base who appreciate the individual advice and range stocked, there is also a very healthy local business trade including commuters who can take advantage of the free rear car park.
The business also offers a free on loan glass service including bulk ordering of specific lines to help with party planning for birthdays and weddings.
Opportunity to add to current sales would be to increase the grocery ranges, add takeaway food options including hot pasties, sausage rolls, fresh sandwiches and hot drinks. Add national lottery, scratch cards and newspapers.
Location Booze 'N' More is located on London road, Cowplain near Waterlooville in Hampshire.
The business is centrally positioned on a busy parade of local shops which includes a posts office, bank, estate agents and Lidl supermarket.
Waterlooville is an increasingly popular place to live and commute from, been only 2 mins off the A3 motorway which connects direct to the cross country A27.
There is a free private customer car park directly behind the business as well a large pay and display car park directly behind.
Premises Exceptionally organised retail unit with excellent mixture of fixed shelving units, fridges and display units.
Shop benefits from a central air con unit, 5 x camera point cctv, full alarm system (with panic buttons).
Equipment includes -
7 x shelf glass fronted wine chiller, 12 x bay wine/ spirit display units, 3 x double width glass fronted beer fridges, 2 x large 4 sides central display islands,
Free on loan coke fridge, red bull fridge and greeting cards stand Counter display stand/ glass topped ice cream freezer.
Central wooden counter with 2 x Epc's tills (full stock control and price ticket printing facility built in), card machine, cigarette gantry.
Rear areas include,
Small office with utilities cupboard, alarm control box, floor safe and security door.
Large stockroom - office area with desk, secure cigarette storage cage, large floor standing safe, fixed wall shelving with 35 boxes of glasses, double height glass fronted backup drinks chiller, sink with storage, boiler.
Rear customer car park for min 5 cars.
Tenure We are advised the business is being sold as a leasehold. Original length of lease 15 years with 3 years remaining which is renewable. Rent £11,600 per annum.
We are advised the business benefits from full small business relief with £0 rates paid.
Hours Monday to Saturday 9am-10pm, Sunday 10am-10pm
Staff The business is run and managed by our client with the help of 3-part time staff.
Financial Profile Booze 'N' More generated a turnover of £225,146 in 2017 with a gross profit of £42,632 and an adjusted net profit of £10,394.
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