Profitable Freehold Gloucestershire Convenience Store News Off Licence Payzone | | Undisclosed Gloucestershire | | Profitable FREEHOLD well fitted Convenience Store. Cash sales only. T/o £435k: Stock Cash Sales YE Mar. 2011 est. £335k. Good NP. Positioned in a densely populated community, main road trading next to school. Fantastic shop with real scope to improve. Freehold to buy Profitable Freehold Gloucestershire Convenience Store News Off Licence Payzone is located in Gloucestershire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57192
ADVERT IMPRESSIONS : 10,745 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Private Sale | FREEHOLD: | £275000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | TREDWORTH MINI MARKET: Est. 10 years, Tredworth, Gloucestershire
A profitable FREEHOLD, well fitted Convenience Store: News, Confectionary, Tobacco, Off Licence, General Goods, Payzone.
Positioned in a densely populated community / main road trading
position & bus route / school within 100 yds.
No employees / Currently run by husband & wife partnership.
A small local delivery service is undertaken for the elderly (10 mins. Per day).
Member of Booker Club 'Shop Locally' enabling excellent offers for customers (Local Bookers within 3 miles)
Real Scope to: introduce paper rounds / increase opening hours / apply for Lotto / introduce credit card facilities / increase Payzone facilities (currently only CASH sales)
Potential to develop large double garage/lock up as further retail / living space
Turnover: Average turnover £8, 500/9, 000 p. W. Cash stock sales average a reliable £6, 500 - £7, 000+ p. W. With 25% gross profit, leaving a good net profit in the bank! Payzone services average £2, 000+ p. W earning a small handling commission.
Turnover y/e March 2010 (inc. Payzone)£435, 000 / Cash stock sales were £327, 200. Stock sales Est YE Mar. 2011 £335, 000. No employees or paper rounds.
Hours of Trading: 6am to 7pm, Monday to Friday, 7am to 6pm Saturday, 7am to 1pm on Sunday.
Shop Features: Double fronted shop, aprox 350 sq. Ft sales area. Air Conditioned. Well equipped adjustable shelving and centre display gondola. Glass topped, chest deep freeze, upright soft drinks display, dairy/fresh produce fridge, Mr Whippy Ice Cream machine (unique to area), slush puppy machine, hot pie plate (all owned, free of tie). Large tobacco gantry and spacious shelving for spirits/display behind the counter - including 2 small fridges for chilled beer. CCTV system with 4 cameras.
Property: Semi Detached house/generous corner position with 2 dropped kerb, private parking areas and 2 remote control operated roller shutters, accessing large lock up and yard area (can use for off road parking).
The Living space has been refurbished to a high standard. 2 double bedrooms (Master has air conditioning unit). Large bath/shower room. New double glazing(2009)/serviced boiler and gas certral heating system(2011). Large kitchen with utility/store room access. Lounge leading to back yard area. Access to large double garage / lock up.
Security: The property is fully alarmed and shop frontage has secure metal roller shutters. 2 Panic buttons internally.
The business has been operating for 10 years and continues to improve year on year.
Additionally, an Avon business has been established for 2. 5 years operating from the shop counter (ie. Not door to door sales) grossing c. £5000 per year, upon which a 25% commission is received.
The Freehold asking price for the business and property is:
£275, 000 + stock at valuation
(Property Value, Assets, Fixtures Fittings £195, 000 / Business & Goodwill £80, 000)
Reason for Sale: We had a five year plan which we have achieved and are ready to move on and buy another business. We have looked after this excellent business very well and it is an extremely popular, family shop in the community (recently nominated for Gloucestershire Retailer of the Year by its customers and featured in the Gloucestershire Citizen Newspaper http://www. Dipintosales. Co. Uk/thisisGloucestershire/dimage. Asp?P=736273.
The Mini Market also has genuine potential to improve sales by £1000+ pw with the introduction of news paper rounds etc. Throughout the recession, the business has continued to improve and there is a huge reliability on small convenience stores in the community.
We personally visited 15+ UK shops before finding this one in 2006!. | | | | | | FOR SALE | | | | | REFERENCE: | 57192 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
