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Halal Supermarket for Sale in Norwich, Norfolk with Diverse Product Range

Norwich, Norfolk
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International Supermarket for sale in Norfolk Photo 1
International Supermarket for sale in Norfolk Photo 2
International Supermarket for sale in Norfolk Photo 3
International Supermarket for sale in Norfolk Photo 4
International Supermarket for sale in Norfolk Photo 5
International Supermarket for sale in Norfolk Photo 6
International Supermarket for sale in Norfolk Photo 7
International Supermarket for sale in Norfolk Photo 8
International Supermarket for sale in Norfolk Photo 9
International Supermarket for sale in Norfolk Photo 10
International Supermarket for sale in Norfolk Photo 11
International Supermarket for sale in Norfolk Photo 12
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International Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in NorfolkInternational Supermarket for sale in Norfolk
  • Status

    FOR SALE

  • Advert ID

    654946

  • Leasehold: £295,000 (Stock at valuation)
  • Rent: £30,000 (£2,500 per month)
  • Turnover: £936,000 (£18,000 per week)
  • Profit: £72,000 (ROI 24.41% • Payback 4.1 years)

Key Features

  • Contact for inquiries

Business Details

International Supermarket for sale in Norfolk

Presenting a prime opportunity to acquire a well-established and highly regarded independent halal supermarket, successfully operating for over four years in a bustling area known for its high footfall. This supermarket not only boasts a loyal customer base but also enjoys a strong reputation within the community, drawing in regular patrons seeking quality halal products.

As a fully licensed halal retail business, the supermarket offers an impressive range of stock. Customers can find certified halal fresh meat, a variety of groceries, spices, international foods, household goods, and essential convenience items all under one roof. The business has demonstrated stable and consistent turnover, with healthy profit margins that are available for verification.

The supermarket is equipped with a modern shop layout that includes cold storage and display fridges, a secure counter, and all necessary equipment, which is included in the sale. With a low dependency on staff, the operation is straightforward, making it an ideal venture for owner-operators or those wishing to maintain management involvement. Furthermore, the premises are secured by a lease with reasonable rent, and the property has been well-maintained and is fully compliant with regulations.

A Unique Opportunity for Growth

This is truly a rare turnkey business with substantial growth potential. There are numerous avenues available for expansion, such as extending opening hours, introducing delivery services, or adding new product lines. This opportunity is perfect for an existing retailer looking to broaden their reach or a first-time buyer eager for a proven, ready-made business venture.

The reason for sale is genuine, with the current owner managing another business. Serious inquiries are welcomed, and viewings are available by appointment. Comprehensive financial details, along with a complete stock list, can be provided upon request.

Additional Highlights

Located in a high-traffic area, the supermarket benefits from excellent visibility and accessibility. Its extensive product range includes fresh produce, diverse grocery options, and a variety of halal offerings. The store is well-equipped with modern refrigeration units and display shelving, maintaining a clean and organised layout that allows for easy navigation.

Moreover, there is potential for generating additional revenue through food service offerings, such as shawarma and burgers, which could attract even more customers. The leasehold price of the business is £295,000, with the current turnover standing at £936,000 and an annual rent of £30,000, leading to a profit margin of £72,000. Opportunities like this do not come along often, making it an exciting prospect for the right buyer.

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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.

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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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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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