Renovated Grocery Supermarket and Butchers with Bakery for Sale in Luton Bedfordshire
Luton, Bedfordshire
- Status
FOR SALE
- Advert ID
645508
- Turnover: £1,200,000 (£23,077 per week)
- Profit: On request
Key Features
- No active advertising campaigns
- Long-standing operational history
- Low annual rent
- Low overhead costs
Business Details
Renovated Grocery Supermarket & Butchers with bakery in Luton for sale
Located in Luton, Bedfordshire, this large supermarket is now available for sale. The store boasts modern facilities and a stunning aesthetic, making it not only attractive but also highly functional. From custom refrigeration units to an impressive butcher display and brand new bakery oven, every aspect of the store reflects quality and fresh design.
The supermarket features a diverse product range that includes snacks, sweets, and baked goods, ensuring a variety of options for customers. Shelving and displays are well-organised, enhancing the visual appeal of the shop and facilitating a pleasant shopping experience. The high turnover of stocked items is indicative of strong customer demand, further suggesting the potential for continued success. Customers will appreciate the accessibility of goods, which encourages quick shopping and impulse buys.
The establishment has been operational for one year and four months, and the current owner reports an increase in turnover during this period. The supermarket is strategically located in a prime commercial area that attracts customers due to nearby amenities such as shops and restaurants. With established supplier relationships evident from branded products available in-store, the business benefits from a reputable image in the community.
Resilient Operations and Opportunities for Growth
The supermarket operates with a team of nine employees and offers training opportunities for new owners, ensuring a smooth transition and continued operational success. Despite the absence of active advertising campaigns, the business has maintained steady growth, which is further supported by positive online reviews. The low annual rent and low overhead costs strengthen the financial performance of the supermarket,
A Ready-to-Operate Business Model
This supermarket is presented as a ready-to-use retail environment, complete with essential fixtures and fittings included in the asking price. It benefits from multi-deck display fridges, refrigerated display storage, and advanced food preparation equipment. Accessibility is enhanced by nearby parking facilities, making it convenient for customers to visit. With opportunities for extended hours and potential for operational growth, this supermarket presents an exceptional investment opportunity in a highly sought-after location.
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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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