Modern Romanian Specialty Shop with Two Levels for Sale in Walthamstow London
Walthamstow, London
- Status
FOR SALE
- Advert ID
624330
- Leasehold: £55,000
- Rent: £30,000 (£2,500 per month)
- Turnover: £250,000 (£4,808 per week)
- Profit: £83,300 (34% Profit margin)
Business Details
Romanian shop for sale in Walthamstow London
The Romanian specialty shop for sale is located in Walthamstow, London, and offers both flexibility and opportunity for prospective buyers. The shop spans two levels, with spacious rooms downstairs that include a cold storage facility and a well-maintained shop upstairs. A separate entrance is available for the upper level, allowing for diverse business operations.
This fully equipped store features refrigeration units and designated food preparation areas. The shelves are stocked with a variety of grocery items and beverages. The shop is designed for optimal customer experience, with a spacious layout and organized aisles. The modern interior, complete with tiled flooring, creates a welcoming atmosphere. Point-of-sale systems and ample storage facilities are included, ensuring operational efficiency.
For those interested in purchasing, the shop is available in its current, fully equipped state, with all stocks included, for a price of £55,000. Alternatively, it can be purchased empty for £20,000. A new leasehold agreement is offered by the landlord, ensuring a smooth transition for new owners.
The business has been established for four years, with the current owner operating it throughout this period. Despite its thriving turnover of £250,000 and a profit margin of £83,300, the shop is being sold due to personal reasons and the owner's relocation to another country.
Currently, the shop employs two staff members and has an annual rent of £30,000. While there are no additional amenities nearby, the store's distinct offerings and established customer base represent significant value. Interested parties may contact for detailed inquiries and further discussions in private.
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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.
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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.
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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.
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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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