Convenience Stores for sale in West Yorkshire

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Y. MacGregor (Nov 2017)
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Leasehold Price: £75,000 Price Reduced Annual Turnover: £400,000 Annual Net Profit: £120,000
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Business Description
Selling extensive range of wines, spirits and beers from around the world, combined with convenience food

FOR SALE

Business Name: Bargain Booze Location: Leeds

Business Type: Off License and Convenience Store Price: £80,000

Broker: Peter Parfaniuk, Transworld
T: 0113 418 2605
M: 07808 716052

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Competitive Overview
Located in a parade of shops, bars and restaurants in an affluent suburb of north Leeds. High footfall, Loyal clientele giving high volume of repeat business.
Located on main artery from Leeds city centre, with significant passing trade
This successful and highly profitable business, provides an extensive range of wines, spirits, beers and convenience foods to satisfy the needs of the local growing population in this affluent suburb of north Leeds.
The business is located within a prime location, with a high footfall, in the middle of a parade of shops, bars and restaurants. There is ample parking. The business is located on a main artery road, linking central Leeds (10 minutes) to the upmarket suburbs of Roundhay and Headingley.
The current owners have developed turnover and profitability, by the provision of a full range of global wines and spirits. The location of the business, combined with
the owners friendly, caring approach to customers, has resulted in a loyal clientele, and high repeat business.
The business currently will turnover around £400,000 in 2017, and is managed by the owner and 1 part time staff member.
Business Details
• Staff overheads are low. There is currently 1, part time member of staff
• The business premises are leased. The lease has currently over 7 years before expiry, and the current owner will help the new owner, with the transfer of the lease with the landlord.
The shop area is approximately 650sq ft. There is a storage area of 130sq.ft.
• Large owners accommodation is included in the lease, comprising of 2 double bedrooms, large lounge, large kitchen, bathroom and storage area.
•The business is part of a successful franchise national operation, and the current owner will assist the new owner in the approvals process for transferring the business.
Fixtures, Fittings and Stock
Most fixtures and fittings will be included in the asking price.
Stock at value – this currently is £30,000, and is not included in the sale price.

EPC Rating G

Key Financial Information

Turnover projection for 2017
£400,000

Gross Profit projection for 2017
£75,000

Owner Earnings projection for 2017
£40,000

Please contact the Broker:
Peter Parfaniuk
Transworld
T 0113 418 2605
M 07808 716052
Showing Comments
Please contact the Broker:
Peter Parfaniuk
Transworld
T 0113 418 2605
M 07808 716052
Potential Growth
Opportunity to increase turnover to £500,000 in 2018
Number of Employees: 1

Tenure: Leasehold

Support & Training: 6 weeks

Listed by: Transworld Business Advisors

Find out more about this business opportunity.

 
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76661-89770
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