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Supermarket Convenience Store for Sale in Greenford London

Greenford, LondonEst. 15 years
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Supermarket Convenience Store in Greenford Photo 1
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Supermarket Convenience Store in GreenfordSupermarket Convenience Store in GreenfordSupermarket Convenience Store in GreenfordSupermarket Convenience Store in GreenfordSupermarket Convenience Store in GreenfordSupermarket Convenience Store in GreenfordSupermarket Convenience Store in Greenford
  • Status

    FOR SALE

  • Advert ID

    656416

  • Leasehold: £90,000 (Stock at valuation)
  • Rent: £14,664 (£1,222 per month)
  • Turnover: £52,000 (£1,000 per week)
  • Profit: On request

Key Features

  • Genuine reason for sale
  • New lease agreement
  • Ongoing support from previous owner
  • Positive customer reviews and ratings

Business Details

Supermarket Convenience Store in Greenford

A well-established local convenience store is now available for sale, attracting a loyal customer base and benefiting from high foot traffic, with no direct competition in the immediate vicinity. This flourishing business has seen a notable increase in turnover, indicating strong demand, and comes complete with existing fixtures, fittings, and equipment necessary for continued operation.

The potential for further growth is significant, particularly through the introduction of online ordering, delivery services, and an enhanced social media presence. Currently, the business lacks an established online platform, presenting a unique opportunity for the new owner to tap into the digital market and broaden the customer base.

This is an excellent chance for a prospective owner to take over an already successful business that meets robust local demand. With innovative marketing and service enhancements, there is substantial scope to increase both sales and profitability.

The store boasts well-stocked aisles filled with a diverse range of snacks, beverages, and grocery items to meet customer needs. It features a dedicated section for halal meat products, catering to a variety of dietary requirements. Modern refrigeration units ensure that frozen goods maintain their quality and freshness, while an organised checkout area offers an array of convenience items. Ample storage space with well-arranged shelves allows for an extensive inventory, supporting the store's popular offerings.

Having been established for 15 years, the business has a strong foundation. The current owner, who has operated the shop for three years, has decided to sell due to a combination of increasing financial commitments and changes in personal circumstances. With the owner's brother having also taken on other employment, this transition opens the door for new ownership.

The store benefits from a strategic location surrounded by various amenities, including supermarkets, local shops, restaurants, cafés, schools, and healthcare facilities. These attractions draw in customers consistently, while the absence of direct competition allows this convenience store to thrive.

Key Features of the Business

This convenience store is competitively priced and comes with several advantages that contribute to its success:

  • A genuine reason for sale due to personal circumstances.
  • A new lease agreement is in place, ensuring stability for the new owner.
  • Ongoing support and training will be provided by the previous owner.
  • Positive customer reviews and ratings enhance the shop's reputation.
  • The business operates profitably, with room for further growth.
  • The retail space benefits from dual entrances, increasing accessibility.
  • Security features are installed to protect the premises and inventory.
  • Spacious retail premises accommodate a wide range of household products.
  • Specialty international ingredients cater to diverse culinary tastes.
  • Efficient stock management practices enhance profitability.
  • Strong community engagement supports customer loyalty.
  • Year-round strong trade supported by unique regional flavours.
  • Versatile space utilisation allows for various retail opportunities.

Viewing of the premises is by appointment only, providing a unique opportunity to step into a well-maintained facility that is ready for immediate trading. This established business not only represents a profitable venture but also a chance to engage with the local community and continue its legacy.

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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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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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