Convenience Store for sale Northampton

Located in Northampton, this well-established convenience store offers an exciting opportunity for anyone looking to enter the retail market. This off-licence shop stands out as one of the few tobacconists in Northamptonshire, uniquely featuring a specialist cigar selection that attracts a diverse clientele.

The store operates under the reputable Premier Express franchise, benefiting from strong brand recognition. It boasts an impressive range of products, including a variety of beverages, snacks, and lottery services, catering to the needs of the local community. Strategically positioned in a high foot traffic area, the store enjoys a constant flow of potential customers, enhancing daily sales opportunities.

The modern interior layout of the store includes organised shelving and eye-catching promotional displays, contributing to a pleasant shopping experience. There are considerable opportunities for growth, particularly through expanded product offerings and local marketing initiatives that could attract even more customers.

Established Business with Strong Performance

This thriving business has been operational for an impressive 30 years, of which the current owner has successfully managed it for 15 years. The longevity of the business speaks volumes about its strong market presence and customer loyalty. Notably, there has been an increase in turnover over the past year, indicating a positive trajectory for future income.

Business Details and Leasehold Opportunity

The store benefits from nearby amenities, including popular fast-food chains such as McDonald's and KFC, as well as other vibrant restaurants, which further attract a steady stream of customers. The current owner has plans to move out of town, creating a valuable opportunity for new buyers. The business includes all necessary fixtures and fittings as part of the sale.

Currently, the store is operated with minimal staffing, employing just one person, making it an efficient business to run. While there is no established online presence, there is significant potential for digital marketing and e-commerce expansion for new owners. The business will provide training opportunities to ensure a smooth transition for the new buyers.

The asking price for this leasehold opportunity is available upon request, with current annual turnover standing at £650,000 and an annual rent of £18,000.

Key Benefits

• Long-term operational history with a loyal customer base
• Minimal employee requirements for efficient operation
• Proximity to various retail amenities