Intelligent Business Transfer are pleased to have been given the opportunity to manage the sale of a well-established convenience store that provides a range of products, at reasonable prices.
Established in 2015, the current owner has not been able to devote their full time to the business due to other work commitments, this being said, the business has still generated a high annual turnover in excess of £62,000. This figure has huge potential to be further grown.
Situated in a hugely populated area, a new buyer could potentially increase business hours by keeping the store open till late, or even 24/7, which could bring in a wider range of customers. Increasing the range of stock could also effectively draw in new customers and would bring in more revenue.
Introducing a number of services to the business would further help increase the turnover. Adding a Lotto service, Payzone, ATM and obtaining an alcohol licence would be beneficial.
Also, there is ample space outside the store which is currently unused, this could be utilised by the new owner to offer fresh fruit and veg to the locals. There is also a shutter on the wall of the shop which could be used to serve hot food as well as ice creams in the summer months.
Intelligent Business Transfer have been retained to find a suitable buyer.
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