Featured Brokers
CONFIDENTIAL
FOR SALE
656376
Lymp111 / Rightbiz
Asking Price: £95,000
Weekly Sales: Approx. £10,700
Annual Rent: £21,000
Sales Area: Approx. 1,528 sq ft
Location: Exeter Area
Business Description
An excellent opportunity to acquire a well-established village convenience store situated in a residential area in the Exeter region.
The shop occupies a prominent position surrounded by residential housing, providing a strong and loyal local customer base and regular repeat trade.
The business currently achieves approximately £10,700 per week in sales from a spacious retail area of approximately 1,528 sq ft, while benefiting from a competitive annual rent of £21,000.
The location is particularly attractive, being close to a train station and a local school, helping generate regular footfall from residents, commuters, parents and school staff.
A major advantage is the limited immediate competition, with the closest competing convenience store approximately 15 minutes away.
The business offers a range of convenience goods and services including groceries, off-licence, newspapers & magazines and PayPoint.
Key Selling Points
Growth Potential
The store presents particularly good potential for a hands-on owner-operator who can actively manage and develop the business.
With limited nearby competition, a substantial residential catchment and existing weekly sales of approximately £10,700, there is scope to increase turnover through improved stock selection, promotions, extended product ranges, delivery services and stronger local marketing.
Asking Price: £95,000
Further business and financial information can be made available to serious prospective purchasers.
Viewing strictly by appointment. Confidential enquiries only.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'Well Established Village Convenience Store – Exeter - Lymp111 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.