Convenience Stores for sale in Barnsley

View the "Under exploited Food-to-Go / Convenience Store Near Large College / University ADVERT UPDATED NOV.18.2017" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Leasehold Price: £37,500 Annual Turnover: £190,000
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Business Description
The business has many footfall generating lines and is situated in a very busy part of a town centre. Lotto on-line and scratch-cards, external cash-machine, alcohol, cigarettes and newspapers bring a constant flow of customers. Credit and debit cards taken.

Kitchen fitted to local authority standard but presently unused, superb Arneg refrigeration. display shelving, CCTT, alarm and display freezer only 4 years old together with twin Epos system and stock storage freezers and fridges.

Trading only Monday to Friday 7:30 am to 5:30 pm and Saturday 8:30 am to 1 pm to service College and University with over 8000 students 200 yards away.

The business premises are on a secure, long-term lease with regular break clauses, £10,750 PA, rates free.

The main sale is of high-margin soft drinks, confectionery and crisps for College / Uni students and staff. Cigarette sales are supported with a full display-compliant unit and the business has cigarette manufacturer incentive schemes rewarding display and availability.

Other customer groups are office workers in the nearby Town Hall, accountants, solicitors, estate agents and other professional and administrative staff. There is also a church and sales to flat-dwellers and families. These customers use the shop for milk, lunches and "distress grocery items" such as washing up liquid and bin bags as well as CTN lines. There is a high level of passing trade in cars at all times of the day.

The business has a small, simple to operate newspaper delivery business, 6 days, no Sundays. We service the best newspaper orders in Town including the Central Library and other public sector bodies. This is not a central part of the business, however, bringing in about £150 per week and so could be dispensed with if required (no redundancy payments needed).

During term-times the business turns over approx. £5,400 inc VAT plus Lotto sales of approx. £700 - £900 per week. Margin on latest accounts 24% ex Lotto. PayPal is available if required: fitment not persued by present owner.

The business owner had already changed career; working full time in a nearby city for the past 2 years. The business is run by two staff with the owner maintaining an almost "hands off" management.

This business offers serveral options to a committed owner. It is modestly profitable with the present pattern of openings and goods offered, allowing an owner to add the business to a portfolio of other concerns or to semi-retire. There is a huge potential to offer hot and cold to go to the thousands of students and other workers. Also early evening and longer weekend openings would boost alcohol and other sales.

The business is stable and slowly growing but could do far, far more in the right hands.

UPDATE, NOV.18 2017

A well established local competitor to us has sadly had to close down due to a legal dispute with their landlord. The business on Shambles Street, Barnsley sold goods similar to us and had traded from the location for over 30 years: not their fault they closed but reduced competition and a sales increase for us has followed.
Trading Hours:
7:30 am to 5:30 pm Monday to Friday, Sat 8:30 am to 1 pm, Sundays and Bank Holidays Closed

Number of Employees: 1-5

Tenure: Leasehold

Support & Training:
Sincere and open-ended commitment to help the business transfer and then go forwards. I live in the Town and can help with advice by arrangements.

Location Details:
Opposite University site, close to Town Hall, major car parks, on a main route into town, plentiful on-street parking.

Downloadable Documents

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PAX01270389862
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