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THIS BUSINESS IS NOW UNDER OFFER

Well Established Convenience Store in Willenhall *Offers Invited*

Willenhall, West Midlands
Status
UNDER OFFER
Advert ID
258920
Reference
convwillenhallKS1 / Rightbiz
Leasehold Price: £59,950
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Offered for sale is this well-established convenience store, boasting well-known brands and a regular and loyal customer base.

Located in Willenhall, it occupies a prime corner location on a fairly busy road with car parking to the front. The store comes complete with fridges, freezers and shelving.

Total retail floor space of 1000 sq ft (and 500 sq ft rear stock areas) i.e. approx 1500 sq ft in total!

The Store itself has been established for approximately 20 years and totally specialises in discount food and grocery. Recent facilites added are UPS and Amazon Parcel Services, which provide extra revenue. 

The owners now wish to sell the store and, as such, offer the business for sale for £79,000 plus stock. 

This business must be seen to fully appreciate what is on offer.  The current turnover amounts to £12,500 per week and with plenty of scope for increasing sales!

If owner-run the business should realise a profit of £600 per week (as per owner).

Points to note:

  • Stock £ 10000
  • Excellent supply chain
  • Owner-run – working hours 9am-10pm 7 days
  • Current Rent only £1287 per month and rates of £253 per month
  • Lease has currently 8 years left to run

Future business potential could be found is several areas:

  • Further marketing
  • Later/earlier opening
  • Increasing product lines i.e. newspapers, Paypoint and cash machine
  • Would suit an owner/manager to maximise profits

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

Listing Details
Location: Willenhall, West Midlands
Sector: Convenience Stores, General Stores
Key Features
  • Established Business
  • Fully Fitted
  • Prime Location
  • High Turnover
  • Offers Invited
Contact Agent
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Advert Reference: convwillenhallKS1 / Rightbiz

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