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CONFIDENTIAL
FOR SALE
641326
Convenience Store for Sale – Bilston
A well-established, fully fitted convenience store located in the heart of Bilston is now available for sale. Trading for 19 years and recently refurbished, this store presents a strong, turnkey opportunity for both new and experienced operators.
Key Financial Highlights
Weekly Shop Sales: £8,000–£9,000
Gross Profit: Approx. 30%
Annual Turnover: £468,000
Additional Guaranteed Income:
Two x 2-Bed Flats Above Shop: £1,400 PCM rental income
Evri Commissions: £350 PCM
Lottery Sales: £100 PCM
Parcel Lockers: £240 PCM
These combined income streams effectively cover the shop rent, making the business practically rent-free.
Morrisons Daily Conversion Approved
The store has already been approved to convert to Morrisons Daily, a move projected to increase weekly turnover to £15,000–£20,000, significantly enhancing profitability and long-term growth potential. A major advantage for any buyer looking for a high-trajectory business.
Business Overview
Established: 19 years
Ownership: Current owner for 1 year (selling to upgrade)
Competition: None in the immediate vicinity
Neighbouring Businesses: Busy takeaway next door generating strong footfall
Condition: Recently refurbished
Included in Sale: All fixtures and fittings
Online Presence: None (opportunity for further growth)
Training: Full handover and training provided
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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.
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
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