Grocery Store with off licence & Fish Monger & Butcher
Woodford Green, London
- Status
FOR SALE
- Advert ID
654241
- Leasehold: £119,000 (Stock at valuation)
- Rent: £12,000 (£1,000 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Fresh and frozen produce
- Fresh meat display area
- Low rent and business rates
- Attractive pricing for quick sale
Business Details
Grocery Store with off licence & Fish Monger & Butcher
An exciting opportunity has arisen to acquire a well-established off licence, fishmonger, and butcher shop conveniently located near the Central Line's Woodford Station. This business not only boasts an alcohol license but also benefits from a cooking licence, enabling a diverse range of offerings to its clientele. With an impressive eleven-year lease in place, the premises includes ample storage at the back, security features such as an electric shutter and CCTV, and climate control provided by two air conditioning units.
Having been operational for six years, the business has cultivated a strong local presence and enjoys high foot traffic, making it a thriving venture in the community. It has achieved an excellent food hygiene rating of 5, assuring customers of its commitment to quality and safety. The business operates daily from 8:30 AM to 6:00 PM, six days a week, with potential for extended hours, thereby enhancing profit opportunities.
Comprehensive Offerings
The shop features a diverse product range that includes both fresh and frozen produce, making it an appealing destination for a variety of customers. The fresh meat display area is a highlight, offering top-quality meats for all culinary needs. Additionally, there are opportunities for delivery through popular platforms such as Deliveroo and Uber Eats, which could further boost sales and attract new clientele.
Competitive Advantages
This business benefits from low rent and business rates, making it an attractive financial prospect. The owner's decision to set competitive pricing reflects a commitment to ensuring a quick sale while still providing excellent value to customers. With a loyal regular customer base already established, new owners can step into a ready-made operation poised for growth.
Support for New Owners
The current owner is willing to provide training and transition support to the new proprietors, ensuring a smooth handover and continuity in service quality. With two employees already on board, there is a structured team in place to assist in the day-to-day operations of the business.
This is a remarkable opportunity for anyone looking to dive into the food retail industry with a solid foundation and numerous avenues for expansion. The combination of a well-fitted and attractive premises, a broad product selection, and strong community ties presents a unique business venture that shouldn't be missed.
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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.
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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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