Intelligent Business Transfer are happy to have been instructed to find a buyer for a busy convenience store business that provides a service that’s in demand by the shoppers, workers and school children of this populous community.
Any potential buyer will be able to take over the business as it is. The shop is well placed and provides a good range of fresh and convenience foods which help to draw customers in. The business is owner operated with two part-time staff and with little spent on marketing. It has the potential for other use, i.e, restaurant, hair & beauty, offices etc and has the added potential of being utilised as a bed and breakfast.
It occupies a great location with little local competition and has become a popular drop-in destination for residents. It is thought that when the alcohol and Lotto licence are granted, this will increase profits significantly, as could extending the opening hours. Whatever the new owner decides the existing trade and previously consistent weekly turnover of around £3,500 will serve as a sound base for future development. The business has the potential to take £5,000 minimum per week but is currently run on very short hours and no marketing has been done.
Due to a family emergency, the vendor is having to sell and has commissioned Intelligent Business Transfer to help find a suitable buyer. It is the perfect opportunity for another owner-operator looking for a sensible investment with potential for further growth and development.
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