Convenience store for sale in Bradford West Yorkshire with diverse stock and franchise potential
Bradford, West YorkshireEst. 5 years
- Status
FOR SALE
- Advert ID
642880
- Leasehold: £22,999
- Rent: £6,600 (£550 per month)
- Turnover: £104,000 (£2,000 per week)
- Profit: On request
Key Features
- Storage space included
- Strong community ties
- Strong community reliance
- Toilet facilities with wash basins
Business Details
Convenient store for sale
We are excited to present a fantastic opportunity to acquire a well-established convenience store located in Bradford, West Yorkshire. This business has great potential, particularly for individuals or teams ready to take it to the next level. A local franchise opportunity is also in the pipeline, pending the completion of an application, which could significantly enhance the store's offerings and customer base.
The convenience store benefits from a prime location with high foot traffic, making it an ideal spot for drawing in customers. Its diverse product range includes snacks, beverages, household items, and essential mobile accessories. Additionally, the store is equipped with modern refrigeration and display units, ensuring that perishables are stored effectively. Current revenues average between £250 and £300 daily, without even fully capitalising on its pay zone services.
Enhanced Offerings
There's an opportunity to increase sales further by expanding the variety of stock, particularly in vapes and cigarettes. Currently, the store incorporates a pay zone and offers services such as money transfers, which are well-received by the community.
Business Overview
This convenience store has been established for five years and has been in the current owner's hands for two. Although there are no issues with the business, the owner is selling due to work commitments that hinder the ability to dedicate time to the store, as well as the distance from their residence. The business employs one part-time staff member, and the owner is willing to provide training and support to ensure a smooth transition for the new owners.
Key Features
Included in the sale are several advantageous features: ample storage space, strong community ties and reliance on the store, toilet facilities equipped with wash basins, and a state-of-the-art touchscreen cash register. All fixtures and fittings are part of the sale, and the asking price for the leasehold is set at £22,999, with an annual rent of £6,600. Importantly, all stock is included in this price, making it an appealing proposition for prospective buyers.
In summary, this convenience store represents not only a solid investment opportunity but also the chance to further develop a business in a thriving community. Don’t miss out on the potential this venture has to offer.
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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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