Property Information
Address:
Edinburgh, City Of Edinburgh
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489229
Property Ref/Agent: 2476-long-established-greengrocer-in-edinburgh-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this long established greengrocer business in Edinburgh. The business was established in 1912 and has been in our clients careful hands since
1988.
The business is only now being offered to the market due to our clients desire to take a well-deserved retirement. The business is open 6 days a week and generates a fantastic turnover in the region of 140,000 per annum with a gross profit of approximately 47%.
D F McLeod is a well-established greengrocer that has been trading for over 100 years. The shop has a vast loyal and repeat customer base. Our client has maintained a fantastic reputation with the customers over the many years he has run the business. The shop benefits from having no competition from large supermarkets.
The shop sells a wide variety of produce including fruits, vegetables, a range of soups, ice cream, handmade chocolates, a selection of cheeses, chutneys, meats, deli counter rolls, high end groceries, oils and tinned foods. The shop prides itself on selling products you don't find in supermarkets for reasonable prices.
We are advised the shop has many loyal Spanish and Italian customers, our client has expanded the product lines to cater for this market, which has proven to be very popular. The products include quality chorizos, habaddo beans, Spanish cheeses, rice's, real pasta and rice's from Napoli.
This is a tremendous opportunity to own this highly desirable business, an early viewing must come highly recommended to avoid disappointment.TENUREWe are advised leasehold.
Our client owns the freehold. Lease terms to be negotiated.HOURSThe business is open:
Monday - Friday: 7am - 8pm Saturday: 8am - 5pm Sunday: ClosedSTAFFThe business is owner run and managed with the assistance of 1 full time and 1 part time staff member.FINANCIAL PROFILEWe are advised the business generates a turnover in the region of 140,000 per annum and a gross profit of approximately 47%.
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