Convenience Stores for sale in Barry

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

 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £50,000 Annual Turnover: £248,915 Annual Net Profit: £40,472
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Business Description

Intelligent Business Transfer are pleased to offer to for sale a long standing post-office / convenience store known for friendly staff and a commitment to the local community.

For 13 years this business has worked diligently and succeeded in attaining the loyalty of the local population of this seaside town in Southern Wales without advertising, without a web or social media presence and with limited in store promotions. In fact, customer allegiance is such that the opening of a Sainsbury’s Local in the immediate vicinity had only little negative impact to sales. Moreover, the owners instituted operational improvements that have led to increased profitability.

With the addition of postal services, a unique stock of alcoholic beverages and lottery sales, not offered by competition, the business presents significant potential to reclaim its small loss of revenue and to grow the business further. Any advertising and promotions should increase store traffic, especially if they speak to the negative sentiment towards the Sainsbury’s, as will launching a web site, establishing a social media presence, adding new stock items and selling specialty items.

This corner store will be the last business chapter of the wife and husband owners who will be retiring. They have asked Intelligent Business Transfer to identify suitable buyers, perhaps a family or another husband-wife team. The owners will stay on as needed to help with transition.
Tenure: Leasehold

Listed by: Intelligent Business Transfer
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