*PRICE NOW REDUCED FOR QUICK SALE*
*RENT-FREE FOR FIRST SIX MONTHS*
*MASSES OF POTENTIAL FOR NEW OWNER*
The business is well established and has been successfully run by our client for many years. The current owner has worked tirelessly to transform the business into what it is today, with turnover currently £21000 average per week and increasing. Net Profit is £1,000 per week, if owner-run.
Rent is £35000 pa and Rates are £10000 pa. The principal business activities are Frozen Foods, Groceries, Chilled Foods and Meat Pre-Packs. The business currently opens 7 days a week, with a constant flow of customers from the neighbouring, densely populated residential area. The business benefits from ample parking within the local town. Over the past few years our client has successfully transformed the fortunes of this sustainable business. Scope for further improvement could include introducing sales of other product lines, along with extended opening hours i.e. open before 9am for newspapers and general early trade, plus explore a cash machine/Paypoint. The business reluctantly comes to the market due to our client’s family commitments and would suit an owner/manager to realise greater profits/wage.
Note: Alcohol Licence imminent
Location Description: The Discount Store is located in a populated urban area with complimentary businesses within a parade of shops, all nestled within a large residential area ensuring heavy footfall.
Premises Details: The business proudly sits on a central position within a parade of complimentary shops. The open plan retail area of the store is covered by means of tiled flooring, shelving is abundant to the perimeter walls, the retail area houses all the necessary fixtures and fitting to run the business, including; chiller cabinets, drink chillers and chest freezers. The retail area is extremely well presented, allowing customers easy access to the amply stocked shelves. The retail area is extremely well lit with an array of LED lights allowing a bright and welcoming atmosphere. Customers benefit from the installed Payzone. Within the retail area of the shop is a counter server housing electronic cash register. To the rear of the ground floor lies the store room, along with Toilet. The business is run by 2 full time and 13 part time staff.
Trading Hours: The business currently observes the following opening hours: Monday to Saturday 8.30am to 6pm and Sunday 10am-4pm.
Lease Terms: We are advised the business is Leasehold with a new lease available if required.
Furniture, fixtures and fittings are included in the sale. Stock at Valuation.
Viewing Arrangements: All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy.
Library image used
New lease available if required.