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Thriving Convenience Store in Perth with High Footfall and Growth Potential for Sale

Perth, Perthshire and Kinross
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  • Leasehold: £79,995
  • Turnover: £130,000 (£2,500 Per week)
  • Net Profit: £20,000 (16% Profit margin)

Business Details

Thriving & Established Convenience Store For Sale

Business
Please quote reference B08523

CoGoGo welcomes to the market the Rustic Food Shop, an established and reputable business, that has been operating for seven years, with the current owner successfully running it for the past three years.

This thriving business is now available for sale due to family commitments, presenting a fantastic opportunity for an enthusiastic new owner.

Ideally situated in a prime area, the Rustic Food Shop benefits from excellent footfall and accessibility, catering to a loyal and diverse customer base. The surrounding area offers a vibrant community, ensuring a steady stream of clientele.

This well-regarded business operates with two dedicated staff members who ensure smooth day-to-day operations. The Rustic Food Shop is known for its quality offerings and excellent service, fostering a strong reputation within the community.

With stock at value (SAV) estimated at £25,000, a new owner can take over with minimal additional investment. The business also offers significant potential for growth, whether through extended opening hours, expanding the product range, or increasing marketing efforts.

The premises are leased under a rolling agreement, with the landlord open to offering up to a 10-year lease for a stable and secure arrangement. The property is well-maintained, practical, and ready for continued use or development according to the new owner’s vision. 

The rolling lease provides flexibility and security, making this an attractive prospect for any potential buyer.

Business Hours The current operating hours are flexible and can be adjusted to maximise income potential. Two experienced staff members are in place, ensuring a smooth transition for the new owner. Their knowledge and commitment are assets to the business.

The sale is motivated by family commitments, presenting an exceptional chance for a new owner to step in and continue the business’s success.

Selling Points

  • A well-established business with a strong local presence.
  • Flexible rolling lease with the landlord willing to extend to 10 years.
  • Prime location with excellent footfall. Stock included in the sale, worth approximately £25,000.
This is a rare opportunity to acquire a flourishing business with the potential for further growth. 

To arrange a viewing, please contact CoGoGo directly!



Location
Rustic Food Shop is located at 27 High Street, Perth PH1 5TJ.



Premises
The property is in excellent condition, highly functional, and perfectly suited for continued operation or adaptation to suit the new owner's plans.



Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place.

We are advised the Landlord is open to offering a lease for up to 10 years.



Hours
The current trading hours are:

Monday to Friday - 10:00 am to 6:00 pm

Saturday - 10:00 am to 5:00 pm

Sunday - 11:00 am to 4:00 pm

 



Staff
This business is run and managed by our client with the help of two experienced staff members.



Financial Profile
This business generated a turnover of £130,000. Full financials can be made available upon request.



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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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