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Off Licence for sale in Stourbridge West Midlands

Stourbridge, West Midlands

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    646117

  • Leasehold: Price on Application (Stock at valuation)
  • Rent: £10,800 (£900 per month)
  • Turnover: £260,000 (£5,000 per week)
  • Profit: On request

Business Details

Off Licence for sale in Birmingham

Current sale- £5K weekly

Potential with increase hours and adding more services could increase to £8k

Current profit margins- 35%

Current timing;

Sunday- Closed 

Monday- Thursday 8am-8pm 

Friday and Saturday 8am-10pm previously 11pm but no staff 

Fully staff run (1 staff)

Low rent- £900pcm no rates 

New cigarette gantry added and new fridges added so space to add variety stock

High demand for newspapers (previously did £350-400 per week in newspaper and magazine sales)

Parcel services could be added. 

Reason for sale- moving back to London and need quick sale. 

 

Pubs, restaurants and nightclub nearby so weekend sale and evening sale potential. High footfall

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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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