Independent Supermarket, Leicester | | Leicester Leicestershire | | Nisa-Today’s Member, PayPoint facilities (approx. £7k pw), Lotto (£5k pw), Long lease on ex Co-op site, Modern EPOS system with 16 camera Digital CCTV, Immaculately Presented 3,000sqft Retail Sales Area, Approx. total 8,000sqft premises | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 34305 ADVERT IMPRESSIONS : 26,832 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £295,000+ SAV | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | A well established and immaculately presented Independent Supermarket located close to Leicester City Centre and surrounded by a dense mix of both residential and commercial population.
The Supermarket has an established presence within the local area and was formerly a Co-op site. Now with independent status and membership to Nisa-Today’s, the Business retails an extensive range of general convenience items, as well as offering PayPoint services, which accounts for approximately £7k per week of a consistent £30k per week turnover.
The Business also offers Lotto sales, which account for a further £5k per week, and is a Western Union Money Transfer station.
The Business trades from large 2 storey plus basement premises of long leasehold tenure with an immaculately presented retail sales area of approximately 3,000sqft. The premises cover a total of approximately 8,000sqft, with potential to expand the current Retail Sales area.
We are advised by our Client that the Business mainly attracts repeat custom, offers potential for further growth, and as of 2009 offers 19 years of a 25 year lease agreement.
KEY FINANCIALS: Proj. 2009 T/O: Approx. £1.5m pa GP: 18% Approx. WT. £30k (excl. Lotto)
ASKING PRICE: Business Goodwill: PRICE REDUCTION TO £295,000 +SAV | | | | | | FOR SALE | | | | | REFERENCE: | 1048 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |