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Prime Location Sweet Shop in Chester le Street County Durham for Sale, Growth Potential

Chester le Street, County Durham
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Prime location Sweet shop opportunity, with the potential to grow Photo 1
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Prime location Sweet shop opportunity, with the potential to growPrime location Sweet shop opportunity, with the potential to growPrime location Sweet shop opportunity, with the potential to growPrime location Sweet shop opportunity, with the potential to grow
  • Status

    FOR SALE

  • Advert ID

    626156

  • Leasehold: £15,000
  • Rent: £9,000 (£750 per month)
  • Turnover: Not Applicable
  • Profit: On request

Key Features

  • Prime Location
  • With Car Park
  • Small Business
  • Potential for Alternative Use

Business Details

Prime location Sweet shop opportunity, with the potential to grow

The sweet shop is a newly established business, with great potential for growth and expansion. Situated in a prime location within a bustling shopping center in Chester le Street, County Durham, it has already begun to attract a steady flow of customers, including numerous school children during lunch and after-school hours.

This shop is well-stocked, featuring a diverse assortment of candies and snacks, all sold at a 50% profit margin or higher. The appealing, brightly lit interior is equipped with modern fittings, designed to create an inviting atmosphere for patrons. The strategic placement in a busy shopping area coupled with attractive window displays helps to draw in passersby effectively.

Despite the shop's recent establishment about a month ago, it is well-positioned within an area with minimal competition, offering a significant advantage to potential new owners. It benefits from nearby amenities, including various shops, restaurants, and public services, which help increase footfall in the area. All fixtures and fittings, including shelving, a fridge, a counter, and a sweet cart, are included in the sale, ensuring a completely equipped business ready to run. The business leasehold is priced at £15,000 with a current turnover of £26,000 and an annual rent of £9,000.

The shop also boasts an online presence through platforms like Facebook and Just Eat, broadening its reach to potential customers. The current owner is selling due to personal circumstances, presenting a remarkable opportunity for someone looking to take advantage of a well-positioned and promising venture. The sale includes all stocks, and the business offers potential for alternative uses if desired by the purchaser.

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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.

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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.

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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.'.

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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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