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Prime Location Off Licence Store in Fulham London with Growing Sales and Ice Cream Counter

Fulham, London
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  • Status

    FOR SALE

  • Advert ID

    630251

  • Leasehold: £90,000 (Stock at valuation)
  • Rent: £28,000 (£2,333 per month)
  • Turnover: £234,000 (£4,500 per week)
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • Fully Fitted
  • Prime Location

Business Details

Off licence

We are thrilled to announce the recent opening of our new off-license store located in the bustling area of Fulham, London. Since opening just one month ago, the business has experienced an impressive growth, with weekly sales demonstrating a consistent increase. Currently, our daily revenue ranges from £550 to £600, highlighting the success of our venture.

Capitalizing on this success, we are excited to share that we are planning to open another location. This decision has been made possible due to the attractive financial aspects of our existing business. The annual rent is a reasonable £28,000, while the business rate stands at £6,600 per year. Additionally, the store is supported by a new, favourable lease agreement.

Strategically positioned in a high foot traffic area of Fulham, our store benefits from a prime location that ensures a steady customer base. The interior of the shop is modern and well-organized, featuring ample shelving for a wide assortment of snacks, beverages, and alcoholic drinks. Additionally, the facility is equipped with large refrigeration units and includes an ice cream counter, providing an additional revenue stream.

Furthermore, the fully fitted off-license is now available for sale at a leasehold price of £90,000, with a current turnover of £234,000 annually. Prospective buyers will find that all necessary accounts are available upon request, ensuring transparency in the business transaction. While the business does not currently have an online presence, potential owners will be offered training opportunities to seamlessly transition into management, supported by our single dedicated employee.

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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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