Convenience Stores for sale in Rugby

View the "Well-Established Convenience Store in Rugby" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well-Established Convenience Store in Rugby

Rugby, Warwickshire, England

  • Leasehold Price: £39,000  Price Reduced arrow_drop_down
  • Annual Turnover: £320,000
  • Annual Net Profit: £30,000
Seller Reference: 04950
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Business Description
 
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Seller Reference: 04950
Request Details
Business Description

Intelligent Business Transfer is pleased to offer this well-established convenience store that enjoys an excellent trading location in the centre of the affluent town of Rugby.
Over the past four years, the current owner has built up a loyal customer base by offering personal service, a wide range of stock and long trading hours, including an 8am opening. The business enjoys customer recommendations and good word-of-mouth. There is also a consistently high level of footfall, so the business enjoys lots of passing trade.

There remains ample scope to grow the business. The main opportunity could lie in opening an off-licence within the premises (subject to licencing). The new owner might wish to explore establishing a website and/or social media presence, undertaking other marketing activities, and launching an ecommerce site. The business might also benefit from rebranding.

Overall, there is a lot of potential for a motivated new owner to exploit, meaning this could make an attractive acquisition for a variety of buyers, including first-time entrepreneurs, experienced shop-owners, retail professionals, or investors. The business further benefits from a long lease.

The current owner has indicated a willingness to negotiate staying on for a transitional period to help the new owner to get up to speed with the business.

Intelligent Business Transfer has been requested to find a suitable buyer.
Number of employees:
4
Tenure:
Leasehold
Listed by:
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