Convenience Stores for sale in North London

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

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Ian McGregor (Nov 2013)
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Leasehold Price: £129,995 Annual Turnover: £260,000 Annual Net Profit: £78,000
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Business Description

Intelligent Business Transfer are pleased to have been given the opportunity to manage the sale of such a well-established convenience store that provides a range of products and services.

Since its establishment, the business has garnered a huge customer base who have been responsible for generating the business’ phenomenal yearly turnover of £260,000.

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. Expanding the range of stock could also effectively draw in new customers and would bring in more revenue.

Introducing new services like a Payzone, ATM machine, photo booth and postal service would attract more customers to the business and effectively increase weekly takings.

Whilst the current business has continually grown every year, it has done so without an online or social media presence. Establishing a presence to aid in advertising could boost exposure and help the trade. Furthermore, making the 3 bedroom flat available for rent to tenants would provide a steady and additional revenue stream and the new owner could also potentially offer the garage and studio flat for rent as well.

Intelligent Business Transfer are looking for a worthy buyer who will make every effort to continue growing the trade and ultimately, the revenue.
Number of Employees: 1

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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