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Off licence and grocery store for sale in Colchester, Essex with community connections

Colchester, Essex

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    657718

  • Leasehold: £2,800
  • Rent: £33,600 (£2,800 per month)
  • Turnover: £150,000 (£2,885 per week)
  • Profit: On request

Key Features

  • Profitable weekly turnover history
  • Proximity to main roads

Business Details

Off licence and grocery store

An exciting opportunity has arisen to acquire a well-established off-licence and grocery store, offering a unique investment for those looking to enter or expand their presence in the retail sector. This business has been successfully operating since 2022, allowing for significant growth potential in a relatively short timeframe.

The current owner has dedicated four years to developing this venture, ensuring a solid foundation of operational knowledge and customer loyalty. With a profitable weekly turnover, this shop demonstrates consistent performance, making it an attractive option for prospective buyers.

One of the key advantages of this location is its proximity to main roads, which not only increases daily foot traffic but also enhances accessibility for customers seeking convenience. This strategic positioning complements the strong sales history, suggesting that the business is well-integrated into the local community.

Overall, this off-licence and grocery store represents a valuable opportunity for any entrepreneur looking to invest in a profitable and well-situated retail 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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