Featured Brokers
CONFIDENTIAL SALE
FOR SALE
630258
Discover an exceptional opportunity to acquire a well-established business with a lucrative income stream. The convenience store generates over £20,000 independently, while the attached Post Office brings in approximately £45,000. Located in the vibrant area of Wolverhampton, West Midlands, the business thrives with significant foot traffic, being strategically situated on a bustling road. The surrounding amenities include a variety of shops such as a chip shop, a Chinese restaurant, a barber, and a beauty salon, alongside a pub and a restaurant.
The premises underwent a comprehensive refurbishment in 2023, ensuring that all fridges, shelving, flooring, and tiles are brand new. The business is tied to a symbol group contract until 2026, and there has been a noticeable upward trend in sales, evident by the increasing daily turnover. Despite a corner shop located nearby, the business has continued to thrive and grow its customer base.
To further increase its competitive edge, the business recently embraced popular delivery platforms such as Uber Eats, Just Eat, and Deliveroo. In addition, the store offers popular brands like Costa, Roll Over Hot Dogs, and Tango Ice Blast, appealing to a wide range of customers. With over 10 years of successful operation under its belt, the business's current owner is opting to sell to focus on another venture. Training opportunities will be fully provided to the new owner, ensuring a smooth transition and continued success.
Available for a leasehold price of £450,000, this high turnover business currently generates annual revenues of £1,092,000, with an annual rent of £45,000. The sale includes all newly fitted fixtures and fittings alongside CCTV equipment, providing a ready-to-operate establishment. With two dedicated employees and a loyal customer base, this convenience store and main post office offer a highly profitable investment opportunity with significant growth potential in the coming years.
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
Get Solicitor
The data showed regarding this advert '£20k+ convenience store and main post office for sale. ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.