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Highly Rated Wine Retailer with Online Sales Platform Up for Sale in Greater Manchester

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/02/24

  • Advert ID

    607013

  • Reference

    B07828 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £89,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly Rated Wine Retailer In Greater Manchester For Sale

Business
Please quote reference B07828

CoGoGo welcomes to the market a highly rated Wine Retailer, Contemporary, design-led and well regarded wine shop and bar in Greater Manchester.

The business was founded by our clients back in 2022. They're highly rated and extremely popular within the area. 

Exceptional location and fit out, with a loyal following and retunring customers. In the heart of a growing residential neighbourhood, the business is in profit in it's second year of trading.

Trading as a store and bar for sit in drink and retail as an off-license the space has become a popular hang out for local residents and vistiors alike. The business ranks highly on google reviews and has an active social media presence with high engagement levels.

Over 200+ wines on offer alongside craft beers, non-alcoholic drinks and a small selection of snacks, olives, foccia, nuts and much more.

The business also includes a significant integrated online sales presence, making deliveries throughout the UK, with significant potential for growth. The current owners have invested in SEO development for the website. Currently we have been advised online sales equal 8% of the business and so there is a huge potential to signifcantly increase this revenue area.



Location
This business is located in the heart of Greater Manchester.



Premises
A modern glass fronted unit recently adding a high end fit out including aircon, stylish interior, significant store room, WC and exceptional stand-out inspiring space as bar and store.

Ground Floor:

  • Counter Stainless Steel Backlit Shelving
  • Tables and Stools
  • Merchandise rack
  • Wine Fridge / Beer Fridge
  • Stock room - Potwash, Shelving, Fridges, Office
  • 2x Storage Cupboards
  • Toilet
  • Alarm
  • CCTV


Tenure
We are advised this business is being sold on a Leasehold basis.



Hours
The current business hours are:

Monday - Closed

Tuesday to Thursday - 3:00pm to 10:30pm

Friday to Saturday - 1:00pm to 10:30pm

Sunday - 1:00pm to 8:00pm



Staff
We are advised there is 1 full time staff member with the help of 3 part time staff members.



Financial Profile
Full financials can be made available upon further request.



Read more

Contact Agent

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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