Intelligent Business Transfer are pleased to have been given the opportunity to manage the sale of a well-established convenience store that provides a range of products, at reasonable prices.
With over 14 years experience of providing for the population of Selby, the business has gained a huge customer base who are responsible for helping the store generate a high annual turnover in excess of £140,000, with high profit margins of £60,000.
Situated in a hugely populated area, a new buyer could potentially increase business hours by keeping the store open till late, or even 24/7, which could bring in a wider range of customers. Increasing the range of stock could also effectively draw in new customers and would bring in more revenue. Adding more services such as a Lotto and postal service, would also be beneficial.
Whilst the current business has continually grown every year, it has done so without an online or social media presence. Establishing a presence to aid in advertising could boost exposure and help the trade.
Having nurtured the business since its inception, the current vendor is now seeking retirement and has enlisted the help of Intelligent Business Transfer to find a motivated buyer looking to take over in the running of a well-established business.
The vendor is willing to aid the new buyer with the transition.
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