Convenience Stores for sale in Eastbourne

View the "Profitable Local Convenience Store" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Imran Ahmed (Nov 2014)
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Leasehold Price: £33,000 Price Reduced Annual Turnover: £182,000 Annual Net Profit: £16,000
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Business Description


Intelligent business transfer are pleased to present this opportunity to purchase a fantastic and easy to run convenience store, that has been built up and established over many years.

The turnover has remained constant and steady year on year. The most recent accounting period showing £150,000 pa with a 62% gross profit, £16,000 net profit, and adjusted net profits approaching £37,000 pa.

There is a 15 year renewable leasehold opportunity with 9 years remaining subject to a private landlord rent of £6200 pa. The business would suit a husband and wife team, or first time operator as it is an easy to run operation which has a largely unaffected spend per head.

Although a healthy existing local, regular, repeat and passing trade exists, there is a real opportunity to grow and add scope to the turnover with the addition of extra products and a £1 shop style section. Home grocery delivery would also be a great extension to the business owing to its densely populated location.

Our client offers the business for sale due only to other employment and new family commitments.
Number of Employees: 1

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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