Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity to acquire a well-established convenience store and newsagents in the affluent town of St Ives, Cambridgeshire. The business prides itself on retailing a large range of high quality products and providing a personal service to the community.
Established in 1983, the business has grown significantly and now enjoys an annual turnover of £679,614. The store offers a good range of products and services, but there are still a number of ways that profitability could be increased in the future. There is a standing agreement in place with the nearby COOP to begin selling alcohol, this would offer a significant increase in turnover.
Additionally, any introduction of new products lines would help to increase the customer base further. Currently the business employs part-time members of staff, the wage bill would be significantly reduced if the new buyer were a couple or a family concern working together.
With a very strong turnover and loyal customer base, this is an ideal opportunity for a new buyer looking to acquire a convenience store or newsagents.
Intelligent Business Transfer have been requested to find a suitable buyer.