Off license and food shop for sale in Weston super Mare Somerset with growth potential
Weston super Mare, SomersetEst. 13 years
- Status
FOR SALE
- Advert ID
655267
- Leasehold: £100,000 (Stock at valuation)
- Rent: £10,800 (£900 per month)
- Turnover: £510,000 (£9,808 per week)
- Profit: On request
Key Features
- Potential for increased stock availability
- Potential for increased turnover
- Premises with storage and office space
- Premium price with stock valuation
Business Details
Off license food shop for sale
Established in 2006, our business has flourished in 2 different locations around town. Over the years, we recognised the need for a larger premises to accommodate our growth. We are currently awaiting final permission to expand our shop floor area, which we expect to receive by the end of August 2026. Unfortunately, unforeseen family health issues have compelled us to consider selling the business at this time.
Our business boasts a commendable 13 years of operation, while I have personally owned it for 20 years. This longevity has allowed us to build a loyal customer base, bolstered by nearby amenities including shops, restaurants, and public services that consistently attract clientele. The competitive landscape in our area is average, allowing us to maintain a strong foothold without excessive rivalry.
Included in the sale are valuable fixtures and fittings, which contribute to the overall appeal of the business. Over the past year, we have seen an increase in turnover, reflecting our propensity for growth. The decision to sell is primarily due to pressing family matters, rather than any lack of success or potential within the business.
Currently, we employ two staff members who contribute to our daily operations. While we do not have an online presence at the moment, there is significant potential for development in this area. As part of the sale, we will offer training opportunities to ensure a smooth transition for the new owners.
Key Business Highlights
This well-established enterprise is generating a strong turnover and comes with goodwill and fixtures included in the sale price, making it an attractive opportunity. Potential buyers can assess growth opportunities and benefit from a high recommendation for inspection based on our business reputation. The inventory and fixtures included in the sale, alongside stock, ensure immediate operational capability. Our premises are well-presented, featuring kitchen and toilet facilities, as well as large retail and storage spaces.
Additional Benefits
The new owners will benefit from a leasehold agreement and will find all licensing and compliance matters in good order, including provisions for late hours of operation. With our long-standing presence in the market, we have established a stable ownership model that supports ongoing success.
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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.
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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.
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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.
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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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