Convenience Stores for sale in Ferryhill

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S Martin (Feb 2013)
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Freehold Price: £99,000 Annual Turnover: £66,000
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Business Description

Intelligent Business Transfer are excited to manage the sale of this long running store. The business has seen great success mainly because of its excellent location and quality products. The business generates a turnover in excess of £215,000, which makes this a lucrative business opportunity.

The business has great potential to expand and this is the main avenue a new owner could look into in order to grow the business. Currently the business only attracts customers through word of mouth and being on a very busy road this could possibly be improved.

Increasing the number of services and the product range would undoubtedly attract further patronage and the owners could look to offer hot cafe style foods to attract commuters in the mornings.

As well as this, offering regular discounts and a customer loyalty scheme would guarantee repeat patronage and the new owner could also take increase advertising via leaflet drops in the local area to increase exposure to the business.

The business owners have approached Intelligent Business Transfer with the hopes of finding a new owner for the store. The shop does not require a specific type of owner and is open to motivated business people of any market. The current owner is willing to stay on to aid the transition.
Tenure: Freehold

Listed by: Intelligent Business Transfer
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