FOR SALE
646765
Located in the bustling Westgate Arcade of Peterborough's Queensgate shopping centre, this Asian food retail shop presents an exceptional opportunity for growth and development. With a solid foundation built over the past year and four months, the shop has attracted a loyal customer base, drawing regular visitors on a daily and weekly basis. Its prime location and proximity to the shopping centre ensure high foot traffic, particularly on weekends, offering significant potential for increased sales and visibility.
The shop boasts an impressive selection of products, ranging from exotic drinks and Nepalese foods to fresh meat. Customers are greeted by a well-organised space featuring efficient shelving, complemented by multiple refrigerated and frozen sections for easy access. The attractive store layout, adorned with vibrant decorations, not only enhances the shopping experience but also creates a welcoming atmosphere. An efficient checkout system further streamlines the transaction process, ensuring customer satisfaction.
Community and Competition
Encouragingly, the area surrounding the shop is home to a variety of shops, restaurants, and public services, all of which contribute to attracting a steady stream of customers. While some competition exists, the shop's unique offerings and established presence allow it to thrive amidst the rivals. Recent trends indicate an increase in turnover, underscoring the business's potential for continued success.
Business Details
The current owner has decided to explore new business ventures, providing an ideal opportunity for a motivated buyer. The establishment is fully licensed and comes complete with goodwill, fixtures, and current stock, along with kitchen and prep facilities to support operations. With only one employee, the business maintains a manageable scale while allowing for personal engagement with the customer base.
Growth Potential
Opportunities for growth abound under new ownership, particularly through the development of an online presence; the business is already active on TikTok, Instagram, and Facebook. Furthermore, training opportunities will be offered to ensure a seamless transition for the new owners. The shop's high visibility on the high street, combined with its reputation for excellent customer service, creates the perfect environment for building on existing customer loyalty and attracting new clientele.
With numerous advantages such as high footfall, an established independent business model, and international market appeal, interested buyers are strongly encouraged to make an offer. Inventory and stock value are included, making this a comprehensive package for anyone looking to enter the diverse and rewarding world of retail.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Asian Food Retail Supermarket Shop For Sale Peterborough Queensgate Westgate Arcade ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.