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Well stocked Convenience Store in Walsingham

Little Walsingham, Norfolk
Leasehold Price:
Advert ID
05381 / Rightbiz
    Range of goods and services

    Loyal customer base

    No competition

    Good reputation

    High growth potential

Intelligent Business Transfer are pleased to offer to the market this fantastic opportunity to purchase a reputable business which acts as a cornerstone to the local community, providing a personalised and friendly service. Extensive opening hours combined with a high-quality service has enabled the store to produce a high annual turnover of £333,592. The business would appeal to a new buyer looking to acquire a pivotal facility of a tight-knit community.There are various ways by which a new owner could increase the profitability of the business. A newspaper delivery service which would benefit those who are unable to get to the shop in person, could be introduced. Further advertising of the business to extend its reach to inhabitants in nearby towns or villages would help to increase its customer base. This could be done through a website and social media platforms, which could include an online delivery system, promotion of special offers or new stock. The chance to move to a larger premises, as previously discussed with the landlord, may also be possible. This would largely increase storage space and enable a wider range of goods to be ordered. The current owner has stated that they would be willing to stay on for a transitional period of one month to provide a smooth handover of the business to a new owner.Intelligent Business Transfer are searching for a suitable buyer.
Listing Details
Leasehold Price: £55,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Little Walsingham, Norfolk
Sector: Convenience Stores, Newsagents
Annual Turnover: £333,592
Annual Net Profit: £34,500
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Advert Reference: 05381 / Rightbiz

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