This is a superb opportunity to take on a highly profitable local business in an area teaming with customers.
Its success is largely due to its wide-ranging clientele and extensive opening hours, both of which have allowed the business to gain a brilliant turnover of £610,208.
Appealing to an owner of a convenient store wishing to expand their repertoire, or an entrepreneur looking for a lucrative venture, a new owner could take steps to enhance the business’s exposure and profit margins.
Investing both time and money into marketing via social and a website would be crucial in promoting the business further. Perhaps converting the spacious basement into an internet café would also be a profitable avenue. Extending the store’s range to include the retail of mobile accessories, as well as adding services such as Lotto and Travelcard would be highly beneficial to revenue.
The current owner would be willing to stay on for a transitional period to assist the new owner with business operations.