Off Licence for Sale in Harborne Birmingham
Birmingham, West Midlands
- Status
WITHDRAWN
- Advert ID
646017
- Leasehold: £75,000 (Stock at valuation)
- Rent: £12,480 (£1,040 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: On request
Key Features
- High foot traffic location
- High street location
- Ideal for first-time buyers
- Prime location with tourist appeal
Business Details
High street Off licence for sale
Thriving convenience store situated in a prime location in Harborne, Birmingham (B17). Renowned for its reliable weekly turnover, the business enjoys strong support from a faithful local customer base and boasts significant opportunities for growth. The store comes fully equipped with modern features such as an EPOS system, CCTV, shelving, refrigeration units, and a branded fascia, seamlessly facilitating a handover for a new owner.
This vibrant shop benefits from its proximity to residential properties, a student population, and high foot traffic, making it an attractive proposition for both owner-operators and investors. There is considerable potential to enhance sales through the introduction of extended product ranges, promotional activities, and delivery platforms. With a genuine reason for sale, the opportunity to acquire this business is compelling for those serious about entering the retail market.
Key Features and Benefits
Among numerous advantages, Harborne Local stands out for its well-established reputation and strategic positioning. The presence of modern facilities ensures efficient operations and provides an inviting shopping experience for customers. Additionally, the loyal clientele and consistent turnover reflect the store's viability and profitability in the competitive retail landscape.
Growth Potential
The scope for growth at Harborne Local is substantial. By leveraging the existing customer base, an owner could implement targeted strategies such as enhanced marketing initiatives and a broader range of products. Furthermore, capitalising on the rising demand for delivery services could significantly increase both footfall and sales revenue.
In conclusion, Harborne Local presents an exceptional investment opportunity. With its solid foundation, established customer loyalty, and potential for further enhancement, this convenience store is poised for continued success in a bustling community.
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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.
Be safe, use a Rightbiz Solicitor
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