Off license for sale in Torquay Devon, established 2024 with equipment included and good visibility
Torquay, Devon
- Status
FOR SALE
- Advert ID
644530
- Leasehold: Price on Application (Stock at valuation)
- Rent: £4,380 (£365 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: On request
Key Features
- Includes all necessary equipment
Business Details
Off license for sale in Torquay, TQ1
Thriving off-licence in the heart of Torquay, Devon. This family-run business, established in 2024, is perfectly positioned for success, but due to the demands of balancing work and family life with a young child, the current owners are compelled to sell.
The off-licence boasts a modern interior, featuring brand new fixtures and fittings that are less than two years old. All essential equipment is included in the sale, such as CCTV, shelving, back panels, refrigeration units, shutters, a sign board, a till system, flooring, and an alarm system. This is a turnkey operation that requires minimal initial investment for setup.
One of the highlights of this location is its prime storefront visibility, which consistently attracts foot traffic from the local community. The wide range of products offered—including groceries, alcohol, and snacks—caters to diverse customer needs, ensuring a steady stream of visitors. Additionally, the designated payment area and well-organised shelving contribute to an efficient shopping experience.
Future prospects for growth are promising, particularly with new residential flats planned for nearby development in the summer of 2026. This influx of potential customers presents an excellent opportunity for increased revenue. Furthermore, there are several strategies for expansion, such as introducing a lottery system or increasing freezer capacity. The back space offers potential for further development, allowing new owners to tailor the business to meet demand.
Key Benefits
- A well-established customer base, ripe for expansion.
- All necessary equipment included, meaning hassle-free transitions.
- A highly visible location, perfect for maximising foot traffic.
- Yearly turnover of £208,000 with a competitive annual rent of £4,380.
This leasehold opportunity is available at an asking price that can be provided upon request. Don't miss the chance to be part of a growing community and invest in a business with significant potential.
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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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