Supermarket for sale in Chadwell Heath with butcher and alcohol licence available
Chadwell Heath, London
- Status
WITHDRAWN
- Advert ID
640453
- Leasehold: £200,000 (Stock at valuation)
- Turnover: £728,000 (£14,000 per week)
- Profit: £218,000 (30% Profit margin)
Key Features
- Accessible transport links
- Accommodation availability
- Active online presence
- Potential for rental income
Business Details
Exceptional Supermarket Opportunity – Butcher, Alcohol Licence, Grocery
UPDATE: THE TAKING WAS £14,000 WHEN FIRST PUBLISHED AND ITS NEARLY £15,000 NOW. DONT MISS THE OPPORTUNITY!!!
Istanbul Food Centre: Prime Supermarket Opportunity in Chadwell Heath
Istanbul Food Centre is a recently established international supermarket situated at 20–22 High Road, Chadwell Heath (RM6 6PR). In just seven months since its opening, the store has successfully built a loyal customer base and enjoys significant foot traffic due to its location on a busy main road. The supermarket boasts a fully equipped butcher section, an off-licence, fresh produce areas, and a diverse selection of international groceries, all presented within a modern and inviting interior.
The business is currently generating approximately £14,000 in weekly sales, with the potential to exceed £20,000 under active management and an expanded product range. This presents a fantastic opportunity for investors or operators seeking to take over a profitable supermarket with high growth potential.
The sale comes as the owner has accepted a new full-time position. Currently, the store employs two staff members and has an established online presence through platforms like Just Eat and Instagram. Training opportunities will be provided to the new owners to ensure a smooth transition.
Financial Overview
The leasehold price for the supermarket is set at £200,000, with a current annual turnover of £728,000 and a profit margin of £218,000. Since opening, turnover has increased from £4,000 to £14,000 per week within just seven months, indicating substantial growth potential.
Key Features
- Accessible transport links with nearby amenities including underground services and restaurants.
- Low competition, with only a Turkish supermarket in proximity.
- All fixtures, fittings, and stock are included in the sale at valuation.
- Active online presence enhances customer outreach.
- Well-equipped retail space and attractive shop layout contributing to a positive shopping environment.
- Provision for additional service offerings on-site and rental income potential.
- Secure CCTV system and a clean, organized interior improve safety and customer experience.
- Strong community presence and financial performance indicators underscore the business's profitability.
This exceptional supermarket opportunity is not to be missed, and viewings are by appointment only. Interested parties are encouraged to take advantage of this profitable investment opportunity.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
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
This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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
