Very Profitable Modern Convenience Store West Midlands | | Warley West Midlands | | Phoenix Business Transfer Agents are delighted to place onto the market this modern recently refurbished main road convenience store with 5-bedroomed living accommodation.. The business has been in the hands of the current owner for more than 12-years and has benefited from huge levels if investment and modernization. Trading figures have increased year upon year and projections would represent turnover in excess of £12,000 pw. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59050
ADVERT IMPRESSIONS : 4,940 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | ASKING PRICE: | £134,950 | LEASEHOLD: | £134,950 | ANNUAL RENT: | £12,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The particular highlights of the business are:
Incredibly well positioned with high levels of footfall.
High levels of repeat local clients.
A very traditional easily managed business offering modern product lines.
An excellent opportunity for a husband/wife team.
Extensive 5-bedroomed living accommodation included.
The business is well stocked yet has potential to introduce new lines.
Turnover £9,000 pw and increasing.
Very favorable lease terms (see lease details below).
History
Phoenix Business Transfer Agents are delighted to place onto the market this modern recently refurbished main road convenience store with 5-bedroomed living accommodation.. The business has been in the hands of the current owner for more than 12-years and has benefited from huge levels if investment and modernization. Trading figures have increased year upon year and projections would represent turnover in excess of £12,000 pw.
Services
The business is predominantly a convenience store and off-license.. The shop has recently undergone a refit and benefits from well laid stock and modern fixtures. The current owners have secured an exceptional trading location and provides an excellent platform for ongoing success.
Staffing
The concern doesnt employ any additional staff. The current owners, father and son, manage all aspects of the business.
Owners Role
The owners role is very much full-time and hands-on, working full-time within the business.
Marketing
There is very little active marketing of the business.
Competition
There are other stores within driving distance, but this store benefits from a captive local residential and industrial audience.
Market
The business benefits locally attracted clients and tourists alike.
Opportunities
The concern has potential. In particular the turnover and profits can be increased by:
Extending the product lines, or increasing the current stocking levels.
Increase the hours maybe 24/7.
Introduce Deli/Sandwiches/convenience food.
Develop a paper-round.
Paypoint increase footfall.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is located on a main through road attracting high levels of passing trade. The building is detached over two floors.
On the ground floor is the trading shop, covering approximately 1,400 sq ft, modern refit. To the rear is a large store, toilet, rear access, stair well to the upper floor.
The upper floor consists 5-bedroomed owners accommodation, inclusive of dining room, sitting room, bathroom, and kitchen.
The rear of the building has outside stores and additional private parking.
CCTV is installed.
Equipment with sale
All fixtures, fittings and equipment are included within the sale price. An itinerary will be made available.
Financial Details
The present turnover is in excess of £470,000per annum with strong gross profits. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business. | | | | | | FOR SALE | | | | | REFERENCE: | 1968DC / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
