Halal And Continental Food Store In Durham City Centre For Sale | | Durham County Durham | | Jonathan Ward at Lakey & Co is delighted to offer for sale this Halal and Continental Food Store with current sales of £2,000-£2,500 per week and benefiting from a great location in Durham City Centre. Low rent (£173 per week) and overheads. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65585
ADVERT IMPRESSIONS : 9,237 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £25000 | ANNUAL RENT: | £9000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This business benefits from a busy location just off North Road in the heart of Durham City Centre. The business benefits from high levels of footfall and is surrounded local and national multiple such as Tesco, Argos and many others. The business is also extremely well placed to take advantage of Durham’s large student population being adjacent to an area with high levels of student accommodation.
BUSINESS
This well established business was started by our client nearly three years ago and is only now being offered for sale due to them wishing to return to Egypt. The business is well fitted for the trade and has been improved and maintained by our clients under the ownership. The store trades as a Halal food and convenience store selling a wide range of fresh Halal meat, frozen and chilled foods and dry groceries. The business sells a wide range of unique products such as spices which are simply not available elsewhere in the area. There are clear opportunities to further expand the business in different directions and the business is still growing as people become aware of its existence – being the only Halal shop in the area. The purchase of this business would provide an excellent opportunity for a business buyer to acquire an easy to run business benefiting from a growing reputation and with clear scope for longer trading hours.
ACCOMMODATION
The main entrance and shop front give access to a well equipped trading area with serve over counter and various display fridges in addition to this there is ample display shelving and racking for dry goods.
ANCILLARY AREAS
The shop leads through to a spacious prep room cum store, with access to basement area (not inspected ) and staff WC facilities.
LIVING ACCOMMODATION
The premises are self contained and there is no living accommodation.
TAKINGS
We are informed by our clients that the business has current takings in the region of £2,000-£2,500 per week.
GROSS PROFIT MARGIN
Average GP is 33%
STAFFING
Our clients operate the business themselves with no additional staff.
REASON FOR SALE
The business is being offered for sale to enable our client to return to Egypt.
FIXTURES AND FITTINGS
We have been advised by our client that the trade fixtures and fittings are all owned outright or on permanent supplier loan.
HOURS OF OPENING
Monday – Saturday : 10.30am – 7.30pm. Sunday: Closed. | | | | | | FOR SALE | | | | | REFERENCE: | GS15NE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
