Convenience Stores for sale

View the "Popular Newsagents Store in Kingsbury" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Thank you for your part in promoting the Café and enabling the sale. 

John Peacock (Feb 2017)
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Leasehold Price: £69,950 Price Reduced Annual Turnover: £264,000 Annual Net Profit: £32,000
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Business Description

Intelligent Business Transfer are delighted to have been given the opportunity to manage the sale of a such a long enduring business that provides a range of high quality products and services.

With nearly 30 years of experience providing for the local population, the business has gained a huge customer base who are responsible for generating its outstanding annual turnover of £264000.

Despite the business already being well established and profitable, there are still areas that a new buyer can identify for potential growth. A glaring opportunity would be to increase the opening hours, or indeed remain open 24 hours, to appeal to a larger customer base

Whilst the current business has incessantly grown every year, it has done so without an online presence. Establishing a website or promoting via social media would provide an economic advertising solution to increase exposure and boost trade.

There is further potential to develop the shop by increasing the range of stock and services, maximising the space efficiency by shrewdly rearranging the layout would allow for wider variety of products to sell and therefore could increase turnover.

Seeking to retire, the current vendor has instructed Intelligent Business Transfer to find a suitable buyer who will make every effort to uphold the company reputation and values and will look to further develop the yearly revenue. The owner is willing to stay for a few weeks to assist the new owner in easing the transition.
Number of Employees: 2

Tenure: Leasehold

Listed by: Intelligent Business Transfer

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