Off Licence or Retail Store for Sale in Leicester, Leicestershire
Leicester, Leicestershire
- Status
FOR SALE
- Advert ID
659621
- Leasehold: £55,000 (Stock at valuation)
- Rent: £25,000 (£2,083 per month)
- Turnover: £185,000 (£3,558 per week)
- Profit: £46,250 (ROI 84.09% • Payback 1.19 years)
Key Features
- Regular customer base appeal
- Regular customer base in high footfall area
- Retail and storage space
- Retail display shelving system
Business Details
Off Licence or Retail store on sale
EXCELLENT BUSINESS GROWTH OPPORTUNITY
Wednesday Express represents an excellent opportunity for an existing retailer or an aspiring entrepreneur looking to acquire a convenience store with significant potential for further growth.
The business has several opportunities to increase turnover, introduce additional services and establish itself as a leading convenience store in the local area.
Key Growth Opportunities
1. Extended Trading Hours There is potential to extend opening hours until 2:00 AM, subject to the necessary permissions and licensing. This could help attract late-night customers and increase sales.
2. Alcohol Licence Obtaining an alcohol licence could provide a significant competitive advantage. The business has the potential to become the only store in the immediate area offering alcohol sales during extended trading hours, subject to local competition and licensing approval.
3. PayPoint Services Introducing PayPoint would attract additional customers through bill payments and other payment services, increasing daily footfall and creating additional commission income.
4. National Lottery The addition of National Lottery services could further increase customer visits and provide another source of commission income, subject to approval.
Sales Potential
With extended trading hours and the introduction of additional services, the business has the potential to achieve estimated monthly sales of:
£30,000–£35,000 per month at full operating potential.
This projection is based on the proposed improvements and future development of the business, rather than guaranteed existing turnover.
Why This Is an Attractive Opportunity
- Established convenience retail business.
- Opportunity to extend trading hours until 2:00 AM.
- Potential competitive advantage through alcohol licensing.
- Opportunity to introduce PayPoint and National Lottery.
- Multiple potential revenue streams.
- Significant scope to increase customer footfall.
- Excellent opportunity for an owner-operator or an existing convenience store operator.
Investment Opportunity
Wednesday Express offers a buyer the opportunity to take over a convenience retail business and develop it further through additional services, extended operating hours and improved revenue generation.
A motivated new owner could unlock its full commercial potential.
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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.
Be safe, use a Rightbiz Solicitor
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