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Zest Woking Full Details - Business for sale

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Zest Woking Full Details - Business for sale Powered By Docstoc
					                             www.zestjuice.com


                         ZEST JUICE BAR
          TOWN MALL, THE PEACOCKS CENTRE
             WOKING, SURREY, GU21 4GD




  Confidential Sale - Staff Unaware - Serious Enquiries Only


Well established and profitable juice & smoothie bar. Trading since 2005.

Prime location in The Peacocks Shopping Centre, Woking near major retailers
including Debenhams, H&M, Next, Superdry, etc for sale by the company to
continue as a Zest under licence if desired (although may consider other
possibilities). Great potential for a passionate owner or manager to capitalise
on the large catchment of shoppers and local businesses.

Well fitted out, modern lock up shop unit with electric shutter. Large remote
storage. All fittings and equipment included in the sale.

Easy to run, fun business.

New lease available if required.
Property Details:

Location: Prime Shopping Centre location near H&M, Next, River Island, Monsoon,
Debenhams, Superdry, i Store, Waterstones, Primark, Costa, Game, Republic, JD
Sports, etc. Also Cinema and Theatre. www.peacocks-centre.co.uk
Size: 250 sq ft sales/storage and 120 sq ft remote storage
Tenure: Lease to 31 May 2014, no breaks. Option for new lease with incentives.
Rent: £25,000 pax. Payable monthly in advance. Rent Review: None
Service Charge: £2,571 for 2011/2012. Payable quarterly in advance
Business Rates: Payable - £7,469 for 2011/2012.
Planning Consent: A1 Retail Use


Sales:

Net of Vat Sales: Jan - Dec 2008 = £113,000:       average of £2,173 per week
                  Jan - Dec 2009 = £111,000 :      average of £2,134 per week
                  Jan - Dec 2010 = £119,000 :      average of £2,288 per week
                  Jan – Dec 2011 - £125,000       (forecast) - £2400 per week
                    January 2011 - year on year sales increase of +33%
                     February 2011 - year on year sales increase of + 26%
                     March 2011 - year on year sales increase of +9%

Profit:

Profit 2010:        Jan - Dec 2010 = £23,500 (20%)
Forecast 2011:      Jan - Dec 2011 = £30,000 ( 25%)
Potential Profit:   Owner / manager / new ranges = £35-50,000


Potential:

We would expect a passionate owner / manager to oversee a sales increase of at
least 15 -20%.
Scope to introduce hot menu, whipped frozen yogurt and toppings e.g fruit, granola,
etc, soups, porridge, etc.

Marketing - local offers and discounts for shops, gym’s, residents. Advertising on
local websites, press, door drops. Local schools, etc. Tap in to the local events and
promotions. Sampling, etc. Re-launch with new ranges. May be opportunities around
the Cinema and Theatre.

Card Machine - taking cards could add around 10% extra sales.

Overall great potential to increase net sales to over £150,000 with excellent returns.
Business Operation:

GP = 75% (net sales less stock)
Current Staff: Supervisor & 3 staff £4.50 - £7.00 per hour
               Staff cost in 2010 = £24,000 (20%)
Trading Hours: Monday - Saturday - 9.30am - 6.00pm
                        Sunday - 11.00am - 5.00pm
Use: Currently selling juices, smoothies, healthy shakes, bottles & snacks.
Consent to sell hot items - tea, coffee, hot chocolate, soup, hot juices, etc. Potential
to add significant sales with hot & healthy menu.
Easy to run operation. Well sorted suppliers, credit terms.
Cctv in the shop can be viewed on any p.c. Epos till system and full audit systems in
place. Currently cash only, no cards taken.


Reason for Sale:

The owners wish to raise capital to fund growth. The Zest format is perfect as a
franchise type operation where a passionate hands on owner or manager can
maximise customer loyalty, impulse sales & local marketing to develop strong sales
and profit and to become a one stop, healthy fast food service in the local catchment
area.


Support:

Full on site training and support package available.


Fit Out:

Well fitted out. All fittings, appliances and equipment are included in the sale. Fit out
value when new would be around £50,000.


Funding:

Purchaser to provide their own funding. Please only contact us if your funding is
guaranteed to be in place.


Purchase Price:

£60,000 to include all fittings, equipment, initial training and support and stock.

Any other information please contact Ewan Tilbe at ewan@zestjuice.com
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posted:6/29/2011
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