Norwich-based Convenience Store with Strong Online Presence for Sale
Norwich, Norfolk
- Status
FOR SALE
- Advert ID
629116
- Leasehold: £80,000 (Stock at valuation)
- Rent: £18,000 (£1,500 per month)
- Turnover: On request
- Net Profit: On request
Key Features
- Fully Fitted
- Established Business
- Accounts Available
Business Details
Convenience store for sale in Norwich
The convenience store in Norwich offers an extensive range of chilled beverages and snacks, a modern selection of energy-efficient chillers and displays, and a well-stocked alcohol selection with competitive pricing. Located in the town center, the store also presents a comprehensive assortment of everyday groceries with excellent visibility and branding, making it a convenient choice for customers.
This business has been established for one year and has been under the current ownership for three years. Over the past year, there has been a notable increase in turnover, indicating a healthy growth trajectory. Importantly, the store is already fully fitted, providing a seamless transition for new ownership.
The convenience store is currently available at a leasehold price of £80,000 with an annual rent of £18,000. Financial accounts are available for review, which will provide further insight into the business performance. Enthusiastic buyers will be pleased to know that some fixtures and fittings are included in the sale price, adding additional value to this investment.
While the store does not currently employ any staff, there is a recognized online presence, expanding its clientele and reach. If necessary, the current owner is willing to offer training opportunities to ensure a smooth and successful transition for the new proprietor.
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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.
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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