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Supermarket for sale in Birmingham with consistent weekly sales and owner seeking new opportunities

 Birmingham, West Midlands
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High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 1
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 2
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 3
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 4
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 5
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 6
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 7
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 8
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 9
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 10
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 11
High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity Photo 12
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High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business OpportunityHigh Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity
  • Leasehold: £200,000
  • Rent: £30,000 (£2,500 per month)
  • Turnover: £936,000 (£18,000 per week)
  • Profit: On request

Business Details

High Turnover Supermarket – £16K–£18K Weekly Sales – Rare Business Opportunity

Mailbox Estates is delighted to present this excellent opportunity to acquire a well-established Supermarket which has been trading for over 50 years, ideally positioned in a busy location benefiting from strong local trade and a loyal customer base.

This is a fantastic opportunity to purchase a long-standing business, currently generating between £16,000–£18,000 in weekly sales.

Reason for Sale:
The owner is selling due to other business commitments.

The Opportunity:
-Weekly turnover of £16,000–£18,000 
-Strong 28% to 30% profit margins
-Established business for 50 years
-Staff-run operation 
-EPOS reports available 
-11-year lease remaining

Location:
-Positioned on a high street- results in a lot of footfall passing by.
-Well-served by public transport, facilitating easy access for customers and staff.
-With high footfall, excellent local amenities, and easy access to surrounding neighbourhoods, this is a prime spot for a convenience store to thrive.

Fixtures and Fittings:
-The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

External:
-Loading and Unloading facilities are also available at the store for smooth delivery operations. 
- Stockroom and staff facilities 
-Fully equipped with EPOS system 
-Spacious retail sales area 
-The property benefits from clear signage and a well-presented frontage

Trading Hours:
Monday - Saturday 7:00am - 7:00pm
Sunday - 9:00am - 7:00pm

Staff:
The business is a staff-run operation with 5 staff, one of them being full-time and the other four being part-time 

Tenure:
The site is available by way of assignment of the existing lease which has 11 years remaning and is secured and renewable, with rent reviews every three years

RENT:
£30,000 P/A

Business Rates:
The business is subject to business rates

Trading Information:
Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises

LEGAL COSTS
-Each party to be responsible for their own legal costs in connection with the sale.
-Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally

DEPOSITS
- Successful Buyer(s) will be required to pay a non-refundable deposit of 10% of the sale price.

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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.

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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.'.

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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.

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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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