Estimated Turnover £620,000 pa
Gross Profit 13.9%
Run Under Management
Special incentive for completion by 31/8/16
EPC - C
Blacks Brokers are delighted to bring to the market this outstanding opportunity to purchase a superb Bargain Booze store that trades from 11 Wesley Street, Wakefield.
This profitable store is currently owned by Bargain Booze themselves and therefore offers an attractive proposition for any new owner to enjoy. As one would expect, this store has an excellent trading position on this small pedestrianised precinct that benefits from a vibrant town centre location.
The business enjoys regular and loyal trade from the local community together with a good deal of passing trade.
This substantial traditional looking double fronted store comprises of a wooden floored L-shaped sales area which is light and airy creating a welcoming environment together with store room and staffing facilities. This store has no living accommodation.
The store generates an estimated annual turnover figure of £620,000 including VAT, with 80% of that figure coming from alcohol sales alone. The average weekly breakdown of the services offered by this store is as follows:
Lottery PW £N/A
ScratchCards PW £N/A
Payzone PW £76.67
Paypoint PW £N/A
Again, as this store is currently owned by Bargain Booze themselves, it offers great flexibility for the owner to enjoy the benefit of running the store under Management, ideal for a buyer with an existing portfolio of retail outlets.
The store, like all Bargain Booze stores, is fitted out to an exceptionally high standard with excellent equipment and fittings. At the heart of the store is the EPOS bar code scanning and stock re-ordering system. This State of the Art stock control system allows every piece of sales information from this store to be downloaded to Head Office every night, effectively making Head Office the ‘back office’ of this store, meaning less paperwork for the owner allowing more efficiency and time dedicated to selling the product. The new owner will receive total support with every type of information you could possibly need to run an effective and profitable business. Along with the Epos system is a CCTV monitoring system and a superb range of modern refrigeration units.
This store retails an extensive range of bottled beers, wines, spirits and soft drinks together with an excellent range of confectionery, tobacco and some convenience grocery lines.
This store would appeal to a new owner due to its location adjacent to the open market with nearby parking and the potential to receive a second income stream from the letting of the first floor area.
This store is part of an extensive network of approximately 600 stores throughout the country and is one of the fastest growing retail groups in the UK. To assist in the handover process and ongoing development of the store, Bargain Booze provide full training on the tills and Epos system along with a dedicated Brand support manager who will make regular visits to the store to help maximise the profitability of the store. As with all the stores in the group, an industry leading delivery service is also provided.
Bargain Booze has identified that with some additional investment a new owner would be able to fully the exploit this outstanding opportunity to substantially increase turnover.
It is rare that company owned stores actually become available on the open market therefore we strongly advise early viewings as a speedy completion is anticipated.Fixtures:
9 upright chiller units
2 x EPOS
Free standing wine display
MON: 10:00 - 21:00
TUE: 10:00 - 21:00
WED: 10:00 - 21:00
THU: 10:00 - 21:00
FRI: 10:00 - 21:00
SAT: 10:00 - 21:00
SUN: 12:00 - 21:00
Double fronted store
Open plan storage
Location Details: Wakefield
Leasehold Term: Rent: TBC
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