Profitable Store In Chesterfield Area Of Derbyshire | | Chesterfield Derbyshire | | Phoenix Business Agents are delighted to place onto the market local store and butchers whose great potential has yet to be reached; the store was established circa 1986. The business has been in the hands of the current owner since 2009. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65969
ADVERT IMPRESSIONS : 9,928 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | ASKING PRICE: | £60000 | LEASEHOLD: | £60000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | - Situated in the Chesterfield area of Derbyshire.
- Part of a parade of shops with some 5 units.
- Excellent free parking facilities nearby.
- Surrounded by densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Excellent local demographics for this type of area.
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £325,000 with a net profit of £35,000. (See financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a family or husband and wife team.
- Very low overheads.
- Business enjoys superb local reputation.
- The concern provides a wide range of General Convenience and Off License.
History
Phoenix Business Transfer Agents are delighted to place onto the market local store and butchers whose great potential has yet to be reached; the store was established circa 1986. The business has been in the hands of the current owner since 2009 and they now wish to sell due to relocating.
Services
This very good business opportunity provides confectionary, alcohol, groceries, sim cards and sandwiches.
Staffing
The concern currently employs two part time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner currently carries out leaflet drops every 3-4 weeks.
Competition
As far as competition is concerned there is another similar business approximately 5 minutes walk away.
Market
The client base consists of members if the public from the surrounding housing estates.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• With the introduction of a website and e-commerce.
• Expanding the range of food produce to include a hot food counter.
• Adding a cash machine to the store.
• Increasing opening hours to include a full working day on Sunday
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 main shop floor of this terraced property is approximately 12m x3m which comprises of one long shelf down the middle of the store and shelving around the perimeter. There is free on street parking in front of the store. To the rear of the building there is a large store room and toilet facilities.
Equipment with Sale
All fixtures, fittings and equipment are included in the sale price and are valued at £35,000.
Financial Details
The present annual turnover is estimated to be £325,000 with a net profit of £35,000. The present value of the stock is £15,000.
The potential turnover of the business within the next 2 years is forecast to reach £600,000 pa given the changes that are required to be made to the business. 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.
Trading Hours
Monday to Saturday 08.00am – 10.00pm
Sunday 08.00 – 3.00pm
Tenure
There is currently 14 years left on the lease with a review due in 2015.
Viewings
The owners are available for viewings at any time by prior arrangement.
Price: £60,000
Ref: 2245
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller. | | | | | | FOR SALE | | | | | REFERENCE: | 2245 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
