FOR SALE
652360
An exceptional opportunity has arisen to acquire a highly successful independent commercial enterprise located in the heart of Nottingham. Founded and scaled strategically from inception, this business has established itself as a premier destination for ethnic retail and e-commerce in the region. Operating from a substantial 4,200 sq ft retail space, the supermarket is perfectly positioned to meet the robust and continuously growing consumer demand in the area.
The financial health of the supermarket is commendable, boasting a sustainable annual turnover of £850,000. This impressive performance is supported by solid financial practices and strong partnerships cultivated with regional suppliers, providing immense potential for further portfolio and digital market expansion.
This sale presents a highly profitable, low-risk acquisition within a resilient retail sector. It includes the complete layout of physical assets, extensive infrastructure, and established brand equity, ensuring a seamless transition into a thriving high-yield business for the new owner. Interested parties can reach out for further information or to arrange a confidential viewing.
Business Details
The supermarket is the oldest Halal establishment in Nottingham, having changed ownership three times since its inception. Currently owned for four years, it also benefits from minimal competition, as the nearest large Halal supermarkets are situated around a mile away.
Included Assets and Facilities
The sale price includes all fixtures and fittings, with the shop fully fitted out with shelving, over 12 freezers, three cold rooms, a large meat display, and butchery equipment such as bandsaws and mincers. All stock is included in the purchase price, making this a turn-key operation.
Growth Potential
The business has seen a significant increase in turnover over the past year, indicating strong market demand. With three full-time employees and an existing online presence, the supermarket is well-equipped for further growth. The current owner is willing to offer training opportunities to ensure a smooth transition for the new proprietor.
Strategic Location and Customer Accessibility
This Nottingham supermarket is situated in an attractive location that draws diverse customers, with ample parking available nearby. The premises offer a convenient one-stop-shop experience, catering to the needs of the local community with a diverse range of Halal products.
Financial Overview
The leasehold price for the supermarket is set at £219,999, complemented by a reasonable annual rent of £18,000. Comprehensive financial details and accounts are available for review, providing prospective buyers with transparency and insight into the business's profitability.
With its established customer base and strategic location, this enterprise offers a competitive advantage in the local market. It stands as an excellent opportunity for those looking to invest in a thriving business with significant potential for expansion and growth.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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