FOR SALE
659207
Located in the bustling Haymarket district of Edinburgh, this convenience store enjoys a prime trading position adjacent to the railway station, ensuring a steady flow of pedestrian traffic. The store has built a solid reputation since its establishment in 2000, and its focus on halal meat and poultry sets it apart in the local market. With 15 years under current ownership, the business has thrived, capitalising on both physical and online sales avenues.
The store's diverse product selection ranges from fresh meat to grocery items, catering to a wide array of customer needs. For added convenience, a delivery service is available for orders over £30, covering a radius of up to three miles. The prominent location not only generates high foot traffic but also provides exceptional visibility for promotional banners that highlight special offers and services.
Attractive Features
The store features a long-standing commercial use that reflects its family ownership history. Key attributes include manufacturing and wholesaling capabilities, an opportunity to obtain a meat licence, and a minimal requirement for advertising. Importantly, there are no current staff liabilities, allowing for a straightforward transition for new owners. On-site parking enhances accessibility, while a reliable commercial trade continues to support sustainable growth.
Growth and Opportunities
Over the past year, the business has experienced a notable increase in turnover, demonstrating its robust performance despite the competitive landscape in the area. The availability of both online ordering and marketing expands the store's reach, appealing to a wider audience. There are also opportunities for seasonal sales boosts, collaborative partnerships, and further development of the sales counter area, making this venture ripe for new ideas and initiatives.
Additional Assets
Included in the sale are all fixtures and fittings, a secure surveillance system, and a separate storage area, all of which contribute to the efficiency and security of the business. The current owner's decision to relocate to Manchester creates a unique opportunity for someone new to step in and continue this profitable enterprise. Comprehensive training will be provided to the new owners to ensure a seamless transition.
Overall, this convenience store not only offers a strong, established foundation but also presents an exciting opportunity for growth and innovation in a vibrant location.
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
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