Bargain Booze With Convenience Goods

Price:

Leasehold - £139,950

Turnover:

Seller Ref:

1244WF

Location:

West Yorkshire

Business Type:

Retail businesses

See Other:

Convenience stores for sale in West Yorkshire
Off licences for sale in West Yorkshire
Retail businesses for sale in West Yorkshire

Description:

THE BUSINESS:

HISTORY

• Established by vendors as franchised off licence 8 years ago
• Shop designed and fitted in line with requirements of franchisor
• Fixtures and fittings are of high quality
• Product range extended to include a variety of brands and price points
• Various complementary grocery and household items introduced to meet customer demand

REASON FOR SALE

• Vendors wish to pursue alternative personal priorities

PRODUCTS

• Extensive range of spirits, wines and beers stocked to meet customer tastes
• Confectionery
• Cigarettes
• Convenience goods

SERVICES

• Cash machine
• Cash back

CUSTOMERS

• Traditional local customer base reflecting economic make up of the area
• Typically socio economic grouping C, D and E
• High repeat rate

SUPPLIERS

• Products sourced through franchisor with twice weekly deliveries

PREMISES

• A traditional parade shop, with ground floor storage and office accommodation above, surrounded by complementary businesses
• Shop with racking and shelving appropriate to trade
• Sales counter with electronic point of sale system
• Large store
• Alarm with CCTV
• First floor office area

STRENGTHS

• Support from well known and respected high street name franchisor
• Exceptional repeat rate
• Densely populated urban area supporting clientele with high income spend on alcohol and tobacco products
• Franchisor website with frequent special offers for both retailers and consumers
• High annual turnover with increasing spend on high margin convenience items
• Extremely profitable

SCOPE

• Local business development activity limited at present
• Introduction of additional product lines with an extensive range available from franchisor
• Expansion and refurbishment of shop to include a reduction in size of existing storage
• Utilisation of first floor accommodation for possible storage or owners’ accommodation

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Prominently sited within densely populated suburban area of a Yorkshire market town • Parade of shops with complementary businesses to either side • Mix of residential and commercial businesses within the area • Unrestricted parking in front and to the side of the shop

Trading Hours:

• Monday to Thursday 10 AM to 9 PM • Friday and Saturday 10 AM to 10 PM • Sunday 11 AM to 9 PM