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High Turnover Franchise Supermarket in London for Sale with £600,000 Goodwill Value

Undisclosed, London
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  • Status

    FOR SALE

  • Date Submitted:

    21/11/23

  • Advert ID

    602947

  • Reference

    NWP4391 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £600,000 (Stock at valuation)
  • Rent: £52,000
  • Turnover: £1,560,000 (£30,000 Per week)
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Fully Fitted
  • Prime Location
  • High Turnover

Business Details

London High Turnover Franchise Supermarket

Please contact NWP Commercials to book an appointment or further information 

Email- [email protected] or Contact -02081275545 

Location - London

Goodwill- £600,000 Lease Hold Stock at value

Business-

Large Franchise Supermarket

High Turn Over

Features

Must be seen
Large residential area

High Standard fittings and fixtures

Lease terms-

Rent- £52000 per year

Business Rates- £4000 per year (approx.)
Lease- 23 years renewable

Rent Review- Every 5 years, Due in 3 Years

Trading hours-

Sun- Thurs- 7am to 11pm, Fri & Sat- 7am to 12 midnight

Turn Over
£29,000-£30,000 per week (Approx) average without any services

Lotter & Oyster Commission- £180 per week

All the above information as advised by the vendor

Please note - (A Finder's fee will be applicable)

Website link for this advert 

https://nwpcommercials.com/property/detail/443/ 

Please visit following link to see more commercial businesses

www.nwpcommercials.com 

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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Disclaimer

The data showed regarding this advert 'London High Turnover Franchise Supermarket - NWP4391 / 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.