Hilton Smythe is delighted to welcome to the market D and B Stores Ltd. This is a well-established business in the town and we are advised it has been open for over 90 years. Our clients first took over the store 28 years ago and have thoroughly enjoyed running this profitable convenience store.
This is a family run store and would make a perfect husband and wife opportunity. Our clients are now looking to sell the business due to health problems. The business has been run to a great standard and runs as a convenience store and off licence providing a generous amount of stock.
The store currently stocks a range of beers, wines, spirits, tobacco, cards, gifts, dairy products, frozen foods, bread, confectionary and much more. We are advised the business has very recently introduced the Lottery which should generate a healthy monthly income.
We are advised the current turnover for the business is an advised £117,300 per annum with a gross profit of 17%, according to the 2015 accounts. This is a brilliant turnover but could be increased. We feel the business could benefit from longer opening hours. The business has been run at a steady pace to suit our client’s needs. The current owners do close over the lunchtime period and potentially miss out on vital lunch time trade.
The business is situated in a brilliant location and receives a high amount of repeat loyal trade. The purchaser could look to introduce a loyalty scheme in order to encourage repeat custom.
The premise comes with a large 5 bedroomed owner’s accommodation which would make a perfect family home. The premise has been complete to a high standard; this truly is a walk-in trading opportunity. The business is complete with the Londis branding however this is now an independent store so all signage can be changed.
Hilton Smythe highly advise early viewing of this profitable business.
D and B Stores Ltd is located in Chorley, Lancashire.
The business is situated on a corner premise in a densely populated part of Whittle Le Woods; from which the business receives much of its trade. The business boasts a large premise which allows for a generous amount of stock. There is little competition in the area which is great for trade. In the area is an abundance of free on-street parking perfect for customers to easily call into the store.
The premise is approximately 2 minutes away from the A6 which is an arterial road in the town. The road runs from Manchester city centre through to Preston. The M61 is also just a short drive away.
There are several public transport links in the area; with several bus stops within easy walking distance of the business.
The business boasts a large premise with the The Londis branding. The store is well maintained throughout to the highest standard. The premise was 3 cottages converted into 1 unit. The sale includes the substantial 5 bedroomed owner’s accommodation.
On entrance is the main retail area which is well presented with a generous amount of shelving, fridges and freezers. To the right is the large service counter which has shelving to the front. To the rear is a great sized stockroom and utility area. There is also a downstairs lounge for the owner’s accommodation. Round the back of the premise is a double garage with a shower room/toilet and further utility space.
There is a basement which is complete as an office and games room.
2 x Wine fridges
2 x Alcohol fridges
Dairy and soft drink fridge
2 x Freezers
Ice cream freezer
Furniture and other equipment available subject to negotiation
Leading up to the first floor is an impressive staircase which heads to 4 double bedrooms all with fitted furniture. One of the rooms is an en suite. The master bedroom has a shower room and toilet adjacent. Lovely fully tiled bathroom with shower unit. Superb fully fitted large and spacious kitchen. Lovely and impressive large lounge. Raised large decking area access from kitchen providing wonderful panoramic views.
There is a second floor which has the 5th double bedroom which is complete with a modern décor.
The premise is fully secured with a CCTV system, shutters, panic button and an alarm which is connected to the police station.
We are advised the business is freehold.
The business is open-
Monday - Saturday: 8am – 10am Lunch time hours 2pm – 3pm
Sunday: 10am – 3pm and 6pm – 10pm
The business is run and managed by our clients with the help of family members.
We are advised the current turnover for the business is an advised £117,300 per annum with a gross profit of 17%, according to the 2015 accounts.
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