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Convenience store for sale in Great Yarmouth Norfolk with loyal customer base and growth potential

Great Yarmouth, Norfolk
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  • Status

    FOR SALE

  • Advert ID

    643835

  • Leasehold: £50,000 (Stock at valuation)
  • Rent: £9,000 (£750 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Alcohol sales licence granted
  • CCTV security system
  • Dedicated delivery service
  • Leasehold business opportunity

Business Details

Convenience store

The AJs Store, a thriving convenience store located in Great Yarmouth, Norfolk, is now available for sale. This well-established business has been successfully operating for the past three years, appealing to both locals and tourists with its diverse selection of products and services. Situated in a popular tourist area, AJs Store caters to visitors by offering summer and beach toys, making it an attractive stop for holidaymakers.

The store features a comprehensive range of products, ensuring that customers can find everything they need in one location. It boasts an extensive selection of alcoholic beverages, including spirits, wines, and beers. Additionally, the store is well-stocked with soft drinks, energy drinks, and bottled water. For those with a craving for something sweet or savoury, there is a variety of snacks and confectionery from popular brands. Convenience items such as toiletries, household essentials, and dairy products are also readily available. A modern Point of Sale (POS) system is in place to facilitate smooth transactions and enhance security with surveillance systems.

Business Details and Features

AJs Store has a current turnover of £197,600, with the leasehold priced at £50,000 and an annual rent of £9,000. The business has witnessed an increase in turnover over the past year, reflecting its profitability and potential for growth. The store is fully licensed for alcohol sales and presents a fantastic leasehold opportunity with room for further development.

The premises are designed for security and customer comfort, featuring CCTV and toilet amenities. With small business rates relief applicable, the financial aspects of running AJs Store are manageable. The store enjoys strong customer loyalty, supported by its strategic location amidst other shops, restaurants, and public services that help attract foot traffic.

Additional Opportunities

Included in the sale are fixtures and fittings, allowing for a smooth transition for the new owner. The current owner, who has been dedicated to the store for three years, is willing to provide training opportunities to ensure continued success under new management. There are currently two employees who contribute to the store's operations, further supporting a seamless handover.

In summary, AJs Store offers a unique opportunity in a vibrant community, suited for someone looking to take on an established business with potential for expansion and ongoing profitability.

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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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