| | | 9093WV SUPERMARKET L/H £90,000+SAV WEST MIDLANDS | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 24,337 TIME(S)
BUSINESS REFERENCE : 9093WV / RightBiz | | | | | | WEST MIDLANDS HIGH TAKINGS SUPERMARKET -EST 20 YRS LOC IN HIGH ST IN CTR OF THRIVING COMM. W/T: £9,000 + LOTTERY: £4,000 PW FULL RECENT REFUB COSTING £50,000 LARGE DOUBLE FRONTED PREMISES SCOPE TO EXTEND MORN& EVEN HRS 9 YEARS LEASE L/H: £90,000 + SAV, R | | | BUSINESS LOCATION: | Undisclosed West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Supermarkets | | SALE: | Agent Sale | LEASEHOLD: | £90000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The supermarket is conveniently located at the very centre of a thriving community in the West Midlands.
It is situated in the main shopping centre of this community on the high street with other complimentary shops.
All main buses stop close to the business.
THE BUSINESS
Advent Business Sales are pleased to offer to the market this extremely well established supermarket, which has been trading successfully for the past 20+ years.
The current vendor has been in ownership for the last 8 years and is reluctantly selling due to other business reasons.
The supermarket very recently underwent a complete £50,000 refurbishment to Costcutter specifications with new lighting, refrigeration, fully integrated C-EPOS touch screen till system to master stock control computer, a new 8 camera CCTV system and much more.
The supermarket has the largest sale of lottery in the area at a regular £4,000 per week. It offers Western Union money transfers earning £200 per month commissions. It sells approximately £500 worth of international phone cards @ 10% per week. In addition, £900 - £1000 phone top up’s a week @ 4 ½ %.
It offers to the public is wide ranging from general groceries and cleaning/household products to a wide range of frozen foods. A large variety of dairy products and cooked meats, sweets, snacks, soft drinks, tobacco products and a full range of beers, wines and spirits, greetings cards, ethnic foods and spices, pet products, ice creams and the very successful recent addition of newspapers and magazines (counter news only).
Advertising comprises of 5000 Cost cutter leaflets distributed locally every three weeks, showing offers.
There is a possibility to open earlier with news and magazines and close later with the off licence.
We are advised that stock at cost is approximately £40,000 to £50,000.
REF: 9093WV
STAFF DETAILS
Two full time and four part time employees (as required) staff the business.
TRADING HOURS
Mon-Sat: 8.30am – 8.00pm
Sun: 10.00am – 6.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £13,000
Gross Profit: 24%
Lottery: £4000 per week
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The shop is a large double fronted building with deeply glazed windows. The premises benefit from 8 camera CCTV, alarm, full emergency lighting and a steel shutter to the main shop front and briefly consisting of:
Ground Floor
• Doorway to centre
• Tills to the right hand side
• News and magazines to left hand side
• Two aisles forming a ‘U’ shape
• To rear large stock/store area with goods reception and small staff kitchen
• w/c
• office
Refrigeration in shop area:
Approx 6 metres of open front dairy
Approx 5 metres of open front wine and beer
8 x 2 metres glass top chest deep freezers
2 x 1 metres door closure soft drinks
1 x ice cream fridge
TENURE: Leasehold
Original lease: 21 years
Remaining lease: 9 years
Review every: 4 years
Rent: £22,000
We are advised that the annual business rates are currently: £6,500 | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9093WV / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
