Convenience Stores for sale in Romford

View the "establshed European Convenience Store & Off Licence in Romford Essex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £25,000 Price Reduced Annual Turnover: £120,000
Request Details
Business Description
Location
Em-Pwr Ltd Business Brokers is pleased to place onto the market this very successful business which is based on the High Street in Romford, Essex. It is located in a very busy part of town and is very well known in the area. There is a large local eastern European community locally which the shop services.

Business Details
This business was established in 2004 and the present Owners are selling due to family commitments.

The shop provides eastern European food and drinks as well as foods from South Africa, Romania and Bulgaria. It also has a full off licence service.

It is operated by the Owners on a full time basis with some help from staff, although the business is being sold without any staff. There is very little competition in the area.

The Owners are willing to offer a handover period if required.

Trading Hours
Mon – Sat: 9 am – 8 pm
Sun: 10 am – 6 pm

Financial Details
The annual turnover for 2016 will be around £120,000 with an EBITDA of around £5,000. The price includes all fixtures and fittings which are valued at £15,000 which includes 6 fridges, 5 freezers, and a chiller.

Property Details
The property very spacious, with a retail area of 60 ft x 20 ft. It has a large aisle through the middle of the shop with racking and shelving along the walls. To the rear is a store, an office and a yard with a garage.

Tenure
There is a new lease available and the rent is £15,000 pa. The rates are £6,000 pa.

Ref: 13255
Price: £28,000 including all assets PLUS SAV

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR LTD. The information contained herein has not been verified by EM-PWR LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR LTD regarding this business are subject to verification and should be independently corroborated.
Tenure: Leasehold

Location Details:

Em-Pwr Ltd Business Brokers is pleased to place onto the market this very successful business which is based on the High Street in Romford, Essex. It is located in a very busy part of town and is very well known in the area. There is a large local eastern European community locally which the shop services.

Leasehold Term:

There is a new lease available and the rent is £15,000 pa. The rates are £6,000 pa.

Listed by: Em Pwr UK
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13255
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