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Off Licence Shop for Sale in Chipping Sodbury Gloucestershire

Chipping Sodbury, GloucestershireEst. 12 years

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    654905

  • Leasehold: £75,000 (Stock at valuation)
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £250,000 (£4,808 per week)
  • Profit: On request

Business Details

Off Licence Shop for sale

We are excited to present a small but successful shop for sale, as we are relocating abroad. This 12-year-old business has proven to be a profitable venture and is an ideal opportunity for a family to manage. One of its standout features is the absence of business rates, allowing for higher profitability. With a little experience, there is substantial potential to increase sales significantly. The new owners could easily expand operating hours and diversify offerings by adding newspapers, magazines, frozen foods, or sandwiches. Notably, the margins are high on products such as vapes and alcohol, making this an enticing investment.

This shop has been owned by us for the past two years, during which we have established strong operations and a loyal customer base. The local area is vibrant, with amenities such as a Spar, café, various shops, pubs, and a bakery nearby, all contributing to foot traffic and customer attraction. All fixtures and fittings required to run the business are included in the sale price, ensuring a smooth transition for the new owners.

We are selling the business purely because of our planned move abroad. Currently, the shop employs two staff members, who have been integral to its daily operation. Although the business does not have an online presence, there lies a significant opportunity for the new owners to capitalise on digital marketing and online sales. To ensure a seamless handover, we are willing to provide training and support to the new owners, equipping them with the necessary knowledge to thrive in this established business.

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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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