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SOLD OR WITHDRAWN FROM THE MARKET
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Well Established Off Licence in Scunthorpe

Scunthorpe, Lincolnshire
Leasehold Price:
£42,500
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Status
SOLD / WITHDRAWN
Advert ID
177086
Reference
03443 / Rightbiz

Details

    Well Established

    Good Profits

    Well Fitted Unit

    Potential for Growth

    Great Reputation

Intelligent Business Transfer is delighted to offer for sale this popular off licence and convenience store set in a busy residential area.

They attract local business with their good selection of wines and beers as well as their range of basic groceries. They also offer the Lotto and Payzone services.

They already enjoy a steady turnover, with a good number of weekly sales and a healthy profit. With very little local competition, margins are good, with consumables selling with around 20% profit. There is plenty of scope to grow the business. New services could be offered, such as paypoint, parcel points or deliveries. Currently the business does no advertising. There is opportunity for business growth by leaflet dropping in the local area; perhaps attracting in new customers with promotions on goods.

This business may appeal to someone currently running a similar business, who wishes to move into this locality, or to someone who wants to enter this industry with a well-established store with a loyal base of repeat customers.

The current owners are willing to stay on for a period if required, in order to help ease the transition to new management.
Seller Details
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Listing Details
Leasehold Price: £42,500
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £286,000
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