Off-license shop for sale in Prudhoe Northumberland with training included
Prudhoe, Northumberland
- Status
UNDER OFFER
- Advert ID
648769
- Leasehold: £85,000 (Stock at valuation)
- Rent: £16,560 (£1,380 per month)
- Turnover: £338,000 (£6,500 per week)
- Profit: On request
Key Features
- Contact for enquiries and viewings
- Contact information for viewings
Business Details
Off license shop to sale
Established for over 20 years, this off-license shop in Prudhoe, Northumberland, represents a fantastic opportunity for a new owner to step into a well-regarded business. With seven years of ownership and a solid annual turnover of £338,000, this venture is ready for its next chapter. The leasehold is competitively priced at £85,000, making it an enticing option for prospective buyers.
The business operates with two full-time employees, ensuring a reliable workforce to support its continued success. Located in a strategic area, this shop includes essential fixtures and fittings, such as fridges, freezers, and lights. The annual rent for the premises is £16,560, providing a stable cost structure that potential owners can easily manage.
Training and Support Offered
For new owners, the current proprietor is keen to offer comprehensive training opportunities to ensure a smooth transition and sustained profitability. Whether you are a seasoned entrepreneur or new to the industry, the training will equip you with the necessary knowledge to thrive in this established market.
Online Presence and Future Potential
While the business does not currently have an online presence, this presents a unique opportunity for growth. By establishing an online strategy, the new owners can tap into additional revenue streams and reach a wider customer base, further increasing the shop's profitability. This aspect could significantly enhance the business's overall appeal and success.
This off-license shop is not only a profitable venture but also a chance to explore new opportunities in a thriving region. Interested individuals are encouraged to get in touch for inquiries and to arrange viewings to witness the potential of this business firsthand.
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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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