FOR SALE
627265
An exciting opportunity is available to acquire a well-established off-license shop in a high-footfall area adjacent to Stalybridge Railway Station. This business offers consistent weekly revenue and has built a loyal customer base, making it an ideal investment for both new and experienced business owners.
Business Overview:
Location: Situated right next to Stalybridge Railway Station, this prime position ensures steady customer flow from commuters and locals.
Average Weekly Revenue: £4,000
Asking Price: £55,000 plus Stock at Valuation (SAV)
Rent: £870 per month
Premises: The retail space is well-maintained and fully stocked.
Key Features & Benefits:
This off-license shop benefits from a prime location, attracting regular customers, including commuters, local residents, and passersby. The business generates a steady income stream with an average weekly revenue of £4,000, offering strong earning potential. It operates as a turnkey business, fully stocked and ready for immediate operation, thus eliminating the hassle of setting up a new business from scratch. With an established customer base, strong community reputation, and repeat customers, this business holds substantial growth potential. There's an opportunity to expand product offerings, introduce delivery services, or extend operating hours to increase revenue further. The premises offer great value for such a strategic location with affordable rent at just £870 per month.
Ideal for:
This business serves as an excellent venture for first-time business owners due to its straightforward operations and strong existing revenue. Experienced retailers looking to expand their portfolio or invest in a profitable business will find it equally appealing. Additionally, it presents a great opportunity for a family-run business, allowing a hands-on owner to develop and maximize profitability.
This represents a fantastic investment in a well-performing business with significant growth potential. The combination of its prime location, consistent income, and loyal customer base makes this off-license shop a rare opportunity that should not be missed.
Additional Details:
The business has been established for 20 years, with the current ownership lasting for 6 months. Nearby amenities include five pubs, five takeaways, and a hospital, all of which contribute to attracting a steady stream of customers. The competition is relatively limited, with the nearest competing shop located a five-minute walk away. All fixtures and fittings are included in the purchase price. While there's no current online presence, the potential for increased turnover is significant, as last year’s summer sales were noteworthy despite lower winter figures. The reason for selling is related to visa issues faced by the current owner. The business currently employs two staff members and prospective owners will be offered training opportunities to ensure a seamless transition.
This off-license shop is listed for a leasehold price of £55,000, with the current turnover at £208,000. The annual rent totals £10,440, and offers are invited to secure this prime location small business in Stalybridge, Manchester.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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