Profitable, Long-Established Utley Convenience Store in West Yorkshire for Sale!
Keighley, West Yorkshire
- Status
FOR SALE
- Advert ID
630358
- Leasehold: £30,000
- Rent: £8,400 (£700 per month)
- Turnover: £70,000 (£1,346 per week)
- Net Profit: On request
Key Features
- Prime Location
- Offers Invited
- Accounts Available
Business Details
Utley Convenience store
A profitable off-licence and convenience store is available for sale in Keighley, West Yorkshire. This well-established business, operating for 28 years and recently under new management for 1.6 years, presents a unique investment opportunity. Located on a main road, the store benefits from being more than a mile away from any competition, ensuring a steady flow of customers. The store spans a broad range of offerings, including liquor, snacks, and daily essentials, catering to a diverse customer base.
The store boasts an impressive setup with Paypoint services already in place and a lottery terminal on its way. There is considerable potential to further expand the range of products and services offered, potentially increasing the already growing turnover. The store operates from 8 AM to 7 PM on weekdays and from 9 AM to 5 PM on Sundays, maximizing its availability to customers.
Additional security measures such as surveillance cameras and a secure door lock are already installed, ensuring the safety and security of the premises. The sale includes all fixtures and fittings, which encompass CCTV and a TV, adding further value to the investment.
Despite its success, the store is up for sale due to the owner's numerous commitments, presenting an excellent opportunity for new ownership. The current owner is willing to provide training to facilitate a smooth transition. The store, situated near local amenities like a pub, attracts a steady clientele in the absence of nearby competition.
The financials of the business are attractive, with a leasehold price of £30,000 and a current turnover of £70,000. The annual rent for the premises is £8,400. Although there is currently no online presence for the store, this is an avenue ripe for exploration and expansion. With just one employee, the store runs efficiently, indicating a low-overhead operation.
In addition, there is an opportunity not only to acquire the business but also the property itself, making it a comprehensive investment in the thriving retail sector of West Yorkshire.
Map
What's Nearby
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
