Discount Stores for sale in Wolverhampton

View the "POUND SHOP & BARGAIN STORE – WEDNESFIELD" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £65,000 Annual Turnover: £234,000
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Business Description
Very Profitable Pound Shop/ Bargain Shop

Wide Range of Products Sold

Taking £4,500 per week from Reasonable Trading Hours

Relatively Low Operating Costs

Lots of Passing Trade

Leasehold Price £65,000 

Description and Trade:

A prominent shop in a popular shopping area on a busy road with a convenient public car park to the rear.

The Business was established in 2010 by the present owners, selling a wide variety of high profit earning lines, including household items, jewellery, toiletries, DIY products, electrical items, stationery, herb & spices, confectionery, toys, pound lines, groceries and numerous sundry items.

The business also offers a wide choice of specialty ethnic foods, and benefits because there are no nearby competitors selling this kind of product.

Premises:

The Retail Shop (over 1,400 sq. ft. gross) has carpet tiled floor and suspended ceiling. It is well fitted for the trade with modern wall and double-sided gondola display shelving; chilled drinks cabinet; ice cream freezer and checkout counter. To the rear of the shop there is Storage Space, Kitchen and w.c.

The Premises are protected with a burglar alarm system.

Accommodation:

There is no living accommodation.

Comments:

An opportunity to acquire a very profitable business with relatively low operating costs and high gross profits.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking, on average, around £4,500 per week, with the usual high gross profits associated with this type of trade.

Trading Hours:

9.00am - 5.30pm Monday to Saturday

9.00am - 3.00pm Sunday

Staff:

The Business is operated by a husband & wife team with the help of part-time staff as required.

Tenure:

The premises are held on a 5-year lease from 2010. Rent payable is relatively low at £8,424 per annum.

Price:

£65,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.
Tenure: Leasehold

Listed by: Everett Masson and Furby
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M26798K
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