Shop for sale

ACE SupplementsAtlip Road,Wembley,HA0

24 sq. m. | £59,995

Property Description

Commercial information

  • Business for sale
  • 258 sq ft (24 sq m)

Key features

  • REF: 2826
  • LEASEHOLD
  • NUTRITION SUPPLEMENTS

Full description

Tenure: Leasehold

LOCATION
The business is located within the modern Atlip shopping complex in Wembley.

Ace Supplements Ltd occupies a well presented unit and is ideally located opposite a gym from which the business derives much trade.

The business benefits from ample free parking for customers and is located on the arterial A4089, a busy commuter road and thriving retail area of the town ensuring consistent footfall throughout the day. The business is located on major bus routes and there is a bus stop situated in front of the complex and Alperton tube station is also conveniently across the road. The business is also ideally located close to Hanger Lane and North Circular junction.

The business also has a second unit used as an office and for holding stock just a short distance from the store.

BUSINESS
Hilton Smythe welcomes to the market Ace Supplements Ltd. The business was originally founded by our client in 2012 and has seen year on year growth to the highly successful business it is today.

Ace Supplements Ltd specialise in the retail of sports and nutritional supplements. The business reports they are on target to achieve a very healthy projected turnover in the region of 235,000 year end January 2016 with a gross profit of circa 35%. The business has a fantastic working relationship with a 24/7 gym facing the business, not only supplying to its members but also hosting multiple events in conjunction with the owners of the gym.

The business is experiencing steady growth with projected turnover being up 20% from the last financial year. The company has strong supplier relationships meaning reliability of supply and good costing. Efficiency of in store systems means customer service is at record levels with a loyalty program ensuring repeat business and competiveness in the retail space.

The shop is immaculately presented and recently refurbished, fully stocked with products clearly displayed and benefits from a full Epos system and offers a Loyalty scheme. The gym facing provides around 75% of business for the shop, with the remaining business generated through word of mouth recommendations and advertising and is steadily growing each month.

Additional revenue is generated from the businesses comprehensive and well designed
E-commerce website www.ace-supplements.com. The website is a one stop shop, holding a vast amount of stock including the supplements, gym clothing and gym accessories and much more. The website offers value for money and a free delivery service to anywhere in the UK.

The business also boasts Amazon and Ebay accounts. Ace Supplements Ltd has a database of around 20,000 customers and growing. Only now does the business come to the market as our client wishes to pursue other business interests.

There is still much room for improvement with this business and it is an exciting and profitable opportunity for any potential buyer. This company has a 7 figure turnover potential with a new owner in place.

We advise an early appointment to meet with the owner for further details and to avoid disappointment.

PREMISES
The shop is within an alarmed and surveillance shopping complex and briefly comprises:-

Store is fitted with suspended ceiling and slat walls.
Perimeter shelving
Full Epos system and loyalty card programme
Chip and pin machine
Tablet and laptop
CCTV with screen
Full alarm system
2 digital advertising display screens
Sound bar
USN drinks fridge
Till serving counter
Microwave

Big Yellow Storage Unit
Kitted out as an office and stock room with perimeter racking. Could be used a second store as an option but is used as a management location and operation of online sales.

Briefly comprising:-
3 laptops
3 screens
Racking
2 x Label printers
3 x printers
Desks chairs etc
Fully lit, CCTV and alarmed and secure

TENURE
We are advised leasehold
The original lease length is 5 years
4.5 years remain on the lease
Reviewed every 5 years
Rent is 430 per month for the shop including service charge
Rent is 280 for the storage unit on a 30 day rolling lease arrangement and could easily be relocated if required.

HOURS
The retail store opens:-
Monday to Friday 11.00am - 21.00
Saturday and Sunday 11.00am - 17.00

The on-line service operates from Monday to Friday 10.00am - 5.00pm.

STAFF
The business is owner run and managed with the assistance of 2 full time members of staff.

FINANCIAL PROFILE
The business reports they are on target to achieve a very healthy projected turnover in the region of 235,000 year end January 2016 with a gross profit of circa 35%.

Nearest stations

  • Alperton (0.1 mi)
  • Hanger Lane (0.7 mi)
  • Wembley Central (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Alperton (0.1 mi)
  • Hanger Lane (0.7 mi)
  • Wembley Central (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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