Long-established Convenience Store in Bury Manchester with High Growth Potential for Sale
Bury, Manchester
- Status
SOLD
- Advert ID
625797
- Leasehold: £75,000 (Stock at valuation)
- Rent: £4,416 (£368 per month)
- Turnover: £338,000 (£6,500 per week)
- Net Profit: On request
Key Features
- Prime Location
- Close to Local Amenities
- Established Business
Business Details
Convenience store for sale
The convenience store in Bury, Manchester, is available for sale, offering significant potential for growth. This opportunity arises due to the current owner's other business commitments, making it a reluctant sale.
Established for over 40 years, this business has built a strong presence in the community. The current owner has managed the store for three years, during which time it has maintained a robust turnover of £338,000. This reflects the store's stable customer base and favorable market conditions.
Economically, the store presents an appealing proposition. The leasehold is priced at £75,000, a competitive entry point for prospective buyers. Furthermore, with an annual rent of only £4,416, the financial operation of the store is attractive, given its prime location.
The convenience store is ideally situated in a high-traffic area, enhancing its visibility and accessibility. Potential buyers will find this location advantageous for continuing growth and business development.
Opening hours..
Mon-Sat 8am-8pm
Sun 9am-6pm
Rent..
£92 per week council lease
Map
What's Nearby
Listing Statistics
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This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. Please check back soon for updates.
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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