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Profitable Convenience Store in Erdington West Midlands, £18k Weekly Turnover, Huge Growth Potential

Erdington, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/06/20

  • Advert ID

    259774

  • Leasehold: £185,000 (Stock at valuation)
  • Rent: £20,000
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Accounts Available
  • Established Business
  • Fully Fitted
  • Attractive Business
  • High Turnover
  • Prime Location
  • Potential for Alternative Use

Business Details

18k a week, huge potential for further development, convenience store to rent.

Newly refurbished convenience store, off licence, news, lottery, PayPoint, huge potential further development, current turnover per week 18,000 plus, staff-run, right owners can increase sales hugely, adding more lines of eastern European, Asian, etc, strictly no time wasters only serious buyers, add on second business or family-run couple.

Please contact me for more information.

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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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