24 Hour Convenience Store for Sale in Wolverhampton West Midlands
Wolverhampton, West Midlands
- Status
FOR SALE
- Advert ID
648965
- Leasehold: £130,000 (Stock at valuation)
- Rent: £9,600 (£800 per month)
- Turnover: £96,000 (£1,846 per week)
- Profit: £10,000 (11% Profit margin)
Key Features
- 24-hour operational hours
- 24-hour operating licence
- Flexible opening hours
- Low business rates
Business Details
Convenience store operates 24 hours a day
Due to personal circumstances, I am seeking to sell my convenience store, which is located in a highly desirable area of Wolverhampton, West Midlands. This shop boasts a tidy garden at the back and is equipped with a comprehensive security system, including alarms and CCTV, ensuring the safety of the premises.
This leasehold opportunity is available at a competitive asking price, which can be provided upon request. The store achieves a robust turnover of £96,000 annually, with a profit margin of £10,000. The annual rent is set at £9,600, making this an attractive option for prospective buyers looking to invest in a successful business.
Key Features
The convenience store operates 24 hours a day, benefiting from an operating licence that allows for flexible opening hours. It also enjoys low business rates and generates additional income through lottery sales and various services. The store includes adjustable shelving systems and ample display racking, facilitating an inviting shopping experience.
Additional Benefits
Security is a priority, as the premises are alarmed and monitored by CCTV. Licensed for the sale of alcohol, the store also features a dedicated section for alcoholic beverages, providing another revenue stream. The shop is equipped with attractive display units and comes complete with all necessary equipment for smooth operation.
Potential for Growth
The store’s clean and modern layout not only enhances the shopping experience but also presents significant growth potential. With an attractive asking price and a promising turnover, this convenience store is an excellent investment for anyone looking to step into a profitable retail business.
Invitation to View
Prospective buyers are invited to view the store by appointment only. This is a unique asset sale opportunity, complete with ATM services on the premises and a bakery licence available for those interested in expanding product offerings. Don’t miss your chance to own a thriving convenience store with a solid track record.
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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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