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Off Licence for Sale in Llanedeyrn Cardiff with Potential for New Ownership

Llanedeyrn, CardiffEst. 30 years
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OFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFFOFF LICENCE IN CARDIFF
  • Status

    FOR SALE

  • Advert ID

    654857

  • Leasehold: £70,000 (Stock at valuation)
  • Rent: £24,000 (£2,000 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Established sales turnover
  • Established turnover history
  • Family-run business history
  • Fixtures and fittings provided

Business Details

OFF LICENCE IN CARDIFF

This family-owned off-licence has become an integral part of the community, boasting an established presence that has been nurtured over 30 years. With seven years of personal commitment to the business, the current owner has cultivated a loyal customer base and a welcoming atmosphere that resonates with the local clientele. Positioned strategically near a shopping mall, the store attracts foot traffic and benefits from nearby amenities, enhancing its appeal to potential customers.

The off-licence features a diverse range of products that cater to varying tastes and needs. Customers can find an extensive selection of alcoholic beverages, snacks, and other convenience items, all displayed to ensure optimal visibility and preservation thanks to modern refrigeration units. The store's inviting layout, characterised by well-organised shelving and appealing product displays, creates a pleasurable shopping experience. Additionally, with multiple payment options available, including services like the lottery, the shop meets the convenience demands of its patrons.

Growth Opportunities and Market Potential

While the business has achieved a consistent turnover and enjoys a profitable reputation, there are ample opportunities for further growth. Developing an online presence could attract an even wider customer base, while the option for delivery services presents an exciting avenue to enhance convenience for local residents. Furthermore, recent housing developments in the vicinity could provide a boost in foot traffic, increasing the potential for sales and long-term success.

For prospective buyers, this off-licence offers numerous advantages. The sale includes established fixtures and fittings, ensuring a seamless transition for new owners. Flexible lease arrangements and secure premises, accompanied by toilet amenities and well-fitted retail space, further strengthen the business’s appeal. Moreover, there is potential goodwill built into the sale, an enticing prospect for aspiring entrepreneurs looking to invest in a well-established enterprise within a thriving community.

Reasons for Selling

The current owner is retiring and therefore seeking a new custodian for the business. This transition presents an excellent opportunity for individuals or families interested in continuing the legacy of a successful and community-friendly operation. With no significant competition in the area, this off-licence is perfectly situated to thrive under new management.

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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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