Prime Hull Grocery Store for Sale - £7k Weekly Turnover & Growth Potential
Hull, East Riding of Yorkshire
- Status
FOR SALE
- Date Submitted:
16/05/23
- Advert ID
513322
- Reference
588926 / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: Not Applicable
Business Details
Grocery & Other Foods For Sale in Hull
WHOLEFOODS BUSINESS in Hull for Sale.This outstanding business occupies a prime site on one of areas busiest shopping streets, benefitting from easy lay-by parking immediately to the front of the premises. Run in standard hours for the trade, further scope exists to extend the opening hours slightly to catch potential customers on their way home. Currently achieves a very impressive weekly turnover of £7,000 whilst maintaining excellent profit margins - adjusted net profit for year ended. There is the potential to increase turnover by expanding the delivery side of the business. October 2021 in excess of £45,000 - trading on an excellent reputation and particularly renowned for creating vegan / vegetarian meals and organic foods. VIEWING HERE IS AN ABSOLUTE MUST. The premises will be held on a new lease with sensible rent and briefly comprise immaculate spacious sales shop with impressive range of quality display fixtures and refrigeration. Super commercial kitchen to the rear, stock room and WC. Small yard.
Stock £20,000 to £30,000.
EPC Band A.
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Listing Statistics
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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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