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Highly Profitable Convenience Store in West Midlands with Accommodation and £25K Weekly Sales

Undisclosed, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/08/15

  • Advert ID

    161049

  • Reference

    43649 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £320,000
  • Turnover: £1,300,000 (£25,000 Per week)
  • Net Profit: Not Applicable

Business Details

CONVENIENCE STORE WEST MIDLANDS

Well established convenience store & supermarket
Weekly takings £22,000 plus, potential for growth
Prominent main road position, densely populated area
Owner retiring
£21.600 from 3 flats above the shop
Rent: £68k per year
Ref. 43649- This is an excellent opportunity to purchase a well established convenience store / supermarket which occupies a prominent trading position in the West Midlands.
This is a successful and lucrative business, which is run mainly by staff and offers genuine scope for future growth. The business would be an ideal proposition for an ambitious and energetic owner operator, who can extend the opening times whilst also introducing a much wider range of convenience lines and frozen foods. These enhancements will significantly increase the weekly sales whilst also keeping additional staffing levels to a minimum, maximising overall profitability. Weekly Takings £22,000 plus, run mainly by staff, fitted to high standard, genuine growth potential, 3 s/c flats included, owner retiring, viewing highly recommended. Leasehold. Ref: 43649
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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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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.

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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.'.

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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.

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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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The data showed regarding this advert 'CONVENIENCE STORE WEST MIDLANDS - 43649 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.