Huge potential to increase turnover by introducing National Lottery, PayPoint and expanding tobacco vape range.

This independent convenience store is situated in a thriving residential area of Bournemouth, achieving impressive weekly sales ranging from £3,800 to £4,000. With a low monthly rent of £1,333 and approximately seven years remaining on the lease, this opportunity is particularly appealing for prospective owners seeking an affordable investment.

The premises feature a spacious rear garage and storage area, comparable in size to the shop floor, which provides excellent operational capacity. Furthermore, the property includes parking space for up to four vehicles at the back, ensuring convenient access for deliveries and additional operational uses.

Strategically positioned between the Vitality Stadium and Bournemouth Beach, this shop benefits not only from local residential trade but also from significant seasonal and event-day foot traffic. As a traditional convenience store, it provides essential services to the local community, enjoying a steady stream of regular customers. The business is fully operational and ideally suited for a hands-on owner-operator.

There is substantial potential for increasing turnover by expanding the product range and introducing additional services. Options such as offering National Lottery tickets, adding PayPoint and Payzone services, and significantly increasing the variety of tobacco and vape products could all enhance profitability. Currently, these areas are underutilised and represent an exciting growth opportunity for the new owner.

This prospect is an excellent choice for anyone looking to acquire a well-established shop with considerable growth potential in a popular location in Bournemouth. The owner is selling due to a relocation closer to family, marking a perfect entry point for a motivated buyer.

Key Features:

The store boasts a number of inherent advantages that enhance its appeal:

• Convenient location with high foot traffic and visibility
• Provides parcel collection and drop-off services via EVRiParcelshop
• Well-stocked shelves offering a diverse selection of snacks, beverages, and grocery items
• Licensed for off-sales, including a range of alcohol and tobacco products
• Open until late, accommodating a diverse customer base

Additional Information:

The business has been established for eight years, with the current owner managing operations for three years. There are no competing stores in the local zone, allowing for a unique market position. The sale includes various fixtures and fittings, and staff training will be provided to ensure a seamless transition for the new owner. The potential for expanded revenue streams and an online presence presents yet another opportunity for growth.

The asking price for the leasehold is £89,000, with a current turnover of £196,800 and an annual rent of £15,996. The profit margin stands at an encouraging £58,800, and all stock is included in the sale.

This convenience store is more than just a business; it is a vibrant part of the community with the potential for significant growth and increased turnover.