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Large Asian Grocery Store in Prime Birmingham Location with 15K Weekly Sales for Sale

Birmingham, West Midlands

CONFIDENTIAL SALE

  • Leasehold: £250,000 (Stock at valuation)
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Large Business for Sale
  • Prime Location
  • High Turnover
  • Fully Fitted
  • New Lease

Business Details

15k per week sales, Large Asian Grocery Store , Prime Location in Birmingham for sale

Large Asian Grocery Store for Sale in Prime Birmingham Location

Key Features:

  • No Alcohol: This store does not have an off-licence, aligning with the community’s preferences and offering potential for further growth.
  • Product Range: Includes groceries, spices, daily essentials, and a Halal butcher’s section.
  • High-Profit Margin: Consistently profitable with a high turnover.

Financial Details:

  • Leasehold Price: £250,000 (Goodwill: £150,000 Fixtures & Fittings: £100,000 recently invested)
  • Weekly Turnover: Approximately £15,000
  • Rent: £2,000 per month

Store Highlights:

  • Well-stocked with a variety of products, all attractively displayed.
  • 200 new homes are being built nearby. plus the store is already in a residential area with supportive and loyal customers.

Important Note:

  • Serious inquiries only. The business owner is firm on the price of £250,000 plus stock at valuation. The £100,000 spent on fixtures and fittings is separate from the goodwill of £150,000.
  • The owner is open to answering any questions and will allow potential buyers to verify sales by standing behind the counter. Once you are ready to verify sales , the owner will ask minimum 5k deposit before you stand behind the counter. Proof of funds is required for the rest of the amount.

If you’re genuinely interested and ready to invest, this is a fantastic opportunity to own a thriving business in a prime location.

 

Please contact Bal on 07399815289 for further info, fee applicable.

 

 

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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.

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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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