Discount Stores for sale in Wolverhampton

This business has been SOLD, however we have a range of similar businesses that are still available below...

Well-Established and Popular Discount Store in Perton *PRICE REDUCED FOR QUICK SALE* *VIEWING RECOMMENDED*

Wolverhampton, West Midlands, England

  • Leasehold Price: £32,500  Price Reduced arrow_drop_down
  • Sold
  • Annual Turnover: £300,000
  • Annual Gross Profit: £100,000
Seller Reference: discountpertonKS2
Business Description
Seller Reference: discountpertonKS2
Business Description
City Business Brokers are pleased to offer to the market an excellent Discount Store boasting well-known brand names at fantastic prices.

Located in the large village of Perton, Staffordshire and close to Wolverhampton, it occupies a prime retail location with limited competition. Internally the store is fully-fitted to a high specification allowing for the easy utilisation of product and stock.

Total retail floor space of 1200 sq ft including stockroom, toilet, etc. Class...
City Business Brokers are pleased to offer to the market an excellent Discount Store boasting well-known brand names at fantastic prices.

Located in the large village of Perton, Staffordshire and close to Wolverhampton, it occupies a prime retail location with limited competition. Internally the store is fully-fitted to a high specification allowing for the easy utilisation of product and stock.

Total retail floor space of 1200 sq ft including stockroom, toilet, etc. Class A1 General Retail.

The Store itself has been established approximately 19 years, totally specialising in Discount Household, Convenience and Greeting Card /Stationary products with a loyal and well-trained workforce.

The owner wishes to sell the store and, as such, offers the store for sale at only £32,500 plus stock at valuation.

This business must be seen to fully appreciate what is on offer. The current turnover amounts to £300000 per annum and growing!

If owner- run the business should realise a good profit with plenty more growth.

POINTS TO NOTE
Unique Business Model with massive expansion potential.
Excellent supply chain with 19 years’ knowledge!
2 full-time and 3 part-time staff.
Opening hours 9.00 am to 5.00 pm 6 days and 11.00 am to 4.00 pm Sunday.
Current Rent: £15570 pa. Rates amount to £4,800 pa
Lease: Current lease runs to 2020 with a new lease available.
Fully secured.
Handover period guaranteed.

Future business potential could be found is several areas:
Further marketing
Later opening hours
Increasing product lines
Streamlining the cost base on the supply chain
Would suit an owner/manager

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

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