Convenience Stores for sale in Harwich

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Lucrative Off-Licence in Harwich

Harwich, Essex, England

  • Leasehold Price: £95,000  Price Reduced arrow_drop_down
  • Annual Turnover: £498,000
  • Annual Net Profit: £10,500
Seller Reference: 03790
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Business Description
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Seller Reference: 03790
Request Details
Business Description

Intelligent Business Transfer is delighted to offer for sale a lucrative off-licence in the high street of Dovercourt in Harwich, Essex.

The business is well located on the road leading from the town’s station to its high street, ensuring that it gets plenty of custom from commuters and those going for a day out or on holiday in the locality.

The business employs four part time staff, all of whom offer a high level of personal service to customers, ensuring that the shop remains popular in the local community. This, together with valuable word of mouth promotion and high footfall, ensures that the business has an incredibly high turnover of around half a million pounds per year. This is already impressive but it is growing year on year and can be grown even more rapidly in future.

The upstairs area can be converted to be rented out as a flat or lived in subject to permission from the planning department. Expansion can be achieved through extending trade hours which currently only run from 12-11pm, an early closing time for a town centre off-licence. Home deliveries and expansion of stock to include popular everyday items like newspapers and magazines will also increase revenue.

The current owner is happy to discuss the prospect of staying on for a transition period to ensure a smooth business handover.
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