European supermarket and butcher off-licence for sale in Walsall West Midlands
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
648923
- Leasehold: £55,000
- Rent: £12,000 (£1,000 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: On request
Key Features
- Business goodwill and lease terms
- Butcher shop equipment and supplies
- Long lease options available
Business Details
European supermarket and Butcher off licence also
A well-established European supermarket specialising in Romanian products is now available for sale. Operating for approximately eight months, this vibrant shop has developed a loyal customer base and is already turning a profit, generating an average weekly turnover of around £4,000. This presents a fantastic opportunity for a prospective buyer looking to expand an existing retail venture.
Due to personal circumstances, I must relocate to another city and thus, regretfully, need to sell this promising business. It is an ideal prospect for anyone with an interest in the retail or food sector, especially those keen to explore Eastern European offerings.
The supermarket boasts a diverse product range, including alcoholic beverages, snacks, and essential grocery items. The modern store design, enhanced by appealing lighting and a well-organised layout, not only attracts customers but also encourages them to spend more time browsing the aisles. Its prime location ensures high visibility and significant foot traffic, which are crucial for ongoing success.
Comprehensive Offerings
The business comes fully equipped with a point-of-sale system, ensuring efficient transactions. Included in the sale are key assets such as all stock, business goodwill, and lease terms. The butcher shop equipment is also part of the deal, setting the stage for diverse offerings under one roof. The annual rent stands at £12,000, and the leasehold price is £85,000, providing excellent value considering the current turnover is £208,000.
Support for Transition
To ensure a smooth transition, I will offer training opportunities to the new owners, assisting them in becoming familiar with the operations of the store and helping to maintain its established success. The business currently employs three staff members who contribute to its efficient day-to-day running.
With a strong foundation already laid, the potential for growth and expansion is significant. This supermarket’s early success and prime location make it a compelling prospect for anyone eager to make their mark in the European retail market.
For additional details and to explore this exciting opportunity, please get in touch.
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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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