Mini Supermarket for Sale in Budleigh Salterton Devon - Your Local Go-To Business
Budleigh Salterton, Devon
- Status
FOR SALE
- Advert ID
652189
- Reference
B09651 / Rightbiz
- Call Agent:
- Leasehold: £29,995
- Turnover: £72,000 (£1,385 per week)
- Profit: Not Applicable
Business Details
Your Local Go To – Vibrant Mini Supermarket in Prime High Street Location
BusinessPlease quote reference B09651
CoGoGo is delighted to bring to the market a bright and welcoming convenience store occupying a prominent position in Budleigh Salterton.
This modern local shop provides a range of everyday essentials and serves both residents and visitors to this popular coastal town. The business offers an excellent opportunity for an owner-operator seeking a manageable retail venture with strong community appeal and further growth potential.
Having been owned for six months, the business is now being offered for sale as the owner looks to pursue new opportunities.
With its established trading position and attractive location, early viewing is highly recommended.
Location
Situated on the sought-after Budleigh Salterton, the business benefits from regular footfall generated by local residents, shoppers and tourists. The town's attractive coastal setting and vibrant community create a strong trading environment throughout the year.
Premises
The business occupies leasehold premises comprising a well-presented retail shop with product display areas and storage facilities. The premises are easy to manage and ideally suited to convenience retailing.
Tenure
Leasehold premises.
We are advised that the current rent is £12,000 per annum. The lease has approximately 1.5 to 2 years remaining. Further lease details can be made available to interested parties.
Hours
The current operating hours are:
Monday to Sunday - 8:00 am to 9:00 pm
Staff
The business is currently operated by the owner with support from one staff member.
Financial Profile
We are advised that the business generates an annual turnover of approximately £72,000.
Current stock is valued at approximately £7,000–£8,000, with a stock level price of £12,000. Business rates are reported to be approximately £600 per annum.
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Listing Statistics
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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.
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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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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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