Freehold General Store in South Wales with extensive accommodation
Price:
Freehold - £330,000
Location:
Wales, Mid Glamorgan, Treachy
Business Type:
Retail businesses
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £180,000 pa with a net profit of £18,375 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a family
- The rates are currently free of charge.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides an extensive range of general convenience products, off license and PayZone.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Freehold General Store which has been established since 1987. The business has been in the hands of the current owner since 1987 and he now wishes to sell due to retirement.
Services
This very good business opportunity provides an extensive range of general convenience products, off license and PayZone.
Staffing
The concern employs 2 part-time staff. The wages are 10,072 pa.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
There is no local competition.
Market
The client base consists of local residents from a well populated residential area.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• The business would greatly benefit from a refurbishment and remerchandising.
• Increasing the product line to include newspapers, magazines and the lottery.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
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
- Situated in the Park Road area of Treorchy in South Wales.
- Prominent location on main arterial road.
- Excellent free parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A4061, A4058 and M4.
- Cardiff, Pontypridd, Neath and Swansea all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area
Monday to Saturday: 8.30am – 8.00pm
Sunday: 10.00am – 8.00pm
On the first floor there is an extensive and well presented 5 bedroom (all doubles) apartment with a large living room, spacious and well equipped kitchen/diner, bathroom with Jacuzzi and separate W/C and shower room.
North Yorkshire
£ 750,000
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