Hilton Smythe are pleased to have been given the opportunity to manage the sale of SJ Store which is an established convenience store with a rapidly growing reputation amongst local residents. This is a superb opportunity to take on a local business in an area teeming with customers which offers considerable growth potential for a new owner.
SJ Store has been run by the current owner for the last 3 years or so and has enjoyed higher turnover previously. The business is now being sold, albeit reluctantly only because of the owners need to relocate, she is keen to see her grocery business pass to an ambitious and entrepreneurial new owner who can take it to the next level
SJ store stocks a range of convenience items including:
International grocery items
Crisps and snacks
Rice, noodles and grains
Frozen meats and fish
Scope to improve
Advertising and marketing campaign, a local leaflet drop often yields good results
Extend the opening hours
Review the product lines stocked
Explore different income streams such as parcels, dry cleaning agency etc
Reasons to Buy
Prime trading position with lots of footfall
Low running costs with inexpensive and no business rates
Ideal owner managed or partnership business
Would suit a first-time business owner
All fixtures and fittings included making this a real Turnkey business
A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit
Priced to facilitate a quick sale
Hilton Smythe highly advise early enquiry to avoid disappointment.
Location SJ Store is located in Bridgwater.
Bridgwater is a large historic market town and civil parish In Somerset. It’s population currently stands at about 35,886 as of 2011.
The town lies along both sides of the River Parrett and has been a major inland port and trading centre since the industrial revolution. Most of its industrial bases still stand today. It’s larger neighbour Taunton is linked to Bridgwater via a canal, the M5 motorway and the GWR railway line.
SJ Store is located in an unusually busy and vibrant shopping parade, it sits alongside other complimentary retail businesses such as a fishing tackle shop, café, Domino’s Pizza and hairdressing businesses and thus benefits from high levels of footfall and passing trade.
The business is nicely presented and maintained with clear visible signage and distinctive livery.
Premises The business occupies the ground floor of an inner terraced retail unit and briefly comprises
Window and glazed door to front creating a light, airy and inviting interior, suspended ceiling with fluorescent lighting, bespoke counter with generous wrapping area and confectionery shelving to front, freestanding vaping display, Nescafé & Go coffee machine, glass fronted drinks chiller, open dairy/ drinks chiller, perimeter shelving, hanging display space, food freezers
With close coupled toilet and hand wash basin
Long garden to rear.
Tenure We are advised the business is being sold on a Leasehold basis with 4 years remaining on the Lease, the rent is £4600 per annum.
Hours The business trading hours are as followed:
Monday to Saturday - 10:00am - 16:30pm
Sunday - Closed
Staff The business is ran and managed by our client and 2 full time members of staff.
Financial Profile We are advised the business generated a turnover of circa £33,000.
Disclaimer The data showed regarding this advert 'Well Established Convenience Store For Sale - B06334 / 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.
Sign in or Register for full access, it's FREE
Why register with Rightbiz?
Access all adverts and images
Get email/sms alerts when a new business that you might be interested in gets posted on Rightbiz.
Let sellers know you're interested with just a single click