Off Licence Business for Sale in Wolverhampton - £75k Leasehold, Low Rent, Established 7 Months
Wolverhampton, West Midlands
- Status
FOR SALE
- Date Submitted:
06/06/23
- Advert ID
514435
- Leasehold: £75,000
- Rent: £3,550
- Turnover: £280,000 (£5,385 Per week)
- Net Profit: On request
Key Features
- Small Business
- With Car Park
Business Details
Off licence for sale in Wolverhampton, West Midlands
Off Licence is available for sale in Wolverhampton, West Midlands. The business has been established for seven months, and I have owned it since its inception. The leasehold price is £75,000, and we are open to offers. Rent is cheap at £300 per/month. The business is currently experiencing a turnover of £280,000, which has been steadily increasing over the last year.
The shop is located near Bilston town centre, in a well-situated residential area. This prime location offers high potential for growth, with the added benefit of low rent. All fixtures and fittings will be included in the sale, as will the stock at valuation. Newly fitted.
Due to other business ventures, I am unable to manage all of my businesses and have made the decision to downsize. This opportunity would be well-suited for a new owner, who can dedicate their time and energy to growing the business further. The shop's opening hours are 7am - 9pm from Monday to Saturday, and 8am - 9pm on Sundays.
The business currently employs one part-time and one full-time staff member. We are willing to offer training opportunities to the new owner to ensure a smooth transition.
For complete details about this business and to further discuss the opportunity, please feel free to contact me.
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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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