Huge Potential Grocery, Halal Meat And Vegetable Shop In Banbury Town | | Banbury Oxfordshire | | Grocery, Fresh Fruit, Vegetable and Halal Meat Shop with a very good Potential to extend the business. Situated in the Babnbury town of North Oxfordshire (Junction 11 M40). Lease to let or rent Huge Potential Grocery, Halal Meat And Vegetable Shop In Banbury Town is located in Oxfordshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69206
ADVERT IMPRESSIONS : 9,223 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Supermarkets | | SALE: | Private Sale | ASKING PRICE: | £17000 | LEASEHOLD: | £17000 | ANNUAL RENT: | £7200 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | BUSINESS DETAILS:
- Un-Opposed local Grocery and Halal meat shop in the town of big asian community of aprox 6000 people.
- Part of a parade of shops on a busy retail road.
- Free Parking facilities Outside.
- Surrounded by densely populated residential area.
- High levels of passing trade.
- Excellent local demographics for this type of area.
- Flexible Lease terms.
- Affluent area.
Business Details
The particular highlights of the business are:
- A well established business in an ideal location.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £120, 000 pa with a profit of £40, 000 (see financial summary below).
- An easily run operation.
- A good first time buyers business.
- Low rent and rates.
- Very low overheads.
- The concern provides general convenience, Frozen Food, fresh fruit
and vegetables and a Halal butchers.
- Size of the shop aprox 19x64Feet, 2 storage room, kitchen, w. C.
History
Delighted to place onto the market local store and butchers whose great potential has yet to be reached. The store was established in 2007.
Services
This very good business opportunity provides the local community with an excellent range of general grocery, bakery and frozen Food items and Halal meat products.
Staffing
The concern currently employs 1 full time Butcher.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner hasn’t carried out any marketing in recent history. There are many take aways and resturents in the town who can become good regular customers.
Competition
As far as competition is concerned there is not much competion locally.
Market
The client base consists of members of the public from the surrounding housing estates.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Introducing ciggretts, paypoint, westren union, newspapers and National Lottery.
• Adding the facility to sell mobile phone top ups.
• Adding a cash machine to the store.
• Increasing the marketing activity with direct mailings and local and internet advertising.
• With the introduction of a website and e-commerce.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required.
Property Details
The main shop floor of this terraced property is approximately 12m x12m which comprises of three large shelves/aisles and a large meat counter. To the rear is a large cold room, kitchen area and a store room. At the front allows parking facilities for 5-6 cars.
Equipment with Sale
All fixtures, fittings and equipment are included in the sale price.
Financial Details
The present annual turnover is estimated to be £120, 000 with a gross profit of £40, 000.
The potential turnover of the business within the next 2 years is forecast to reach £300, 000 pa given the changes that are required to be made to the business in the right hand. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Trading Hours
Monday to Sunday 09. 00am – 8. 00pm (can be extended to 5 A. M to 10 P. M
to increase the sale)
Viewings
The owners are available for viewings at any time by prior arrangement by ringing 07815614124 or 01295-265194. | | | | | | FOR SALE | | | | | REFERENCE: | 69206 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
