Overview
Description
• Diverse Product Range: Wide variety of Indian groceries and Halal meats for convenient, one-stop shopping
• Prime Location with High Foot Traffic: Strategically placed in front of a busy tube station for maximum visibility and accessibility
• Well-Equipped and Efficient Operation: Modern amenities ensure smooth operations and superior customer service
• Proven Revenue and Profitability: Strong turnover and healthy profit margins provide reliable income and growth potential
Discover an exciting opportunity to acquire a thriving supermarket, grocery, and butchers specialising in Indian groceries and Halal meat. Located in the bustling area of Ilford, East London, this well-established business occupies a prime position directly in front of a tube station, offering high visibility and foot traffic from residential, office, and commercial areas.
Key Features:
• Wide Range of Products: This grocery business offers an extensive variety of fresh produce, cupboard essentials, and Indian groceries, along with a dedicated butchery section providing high-quality Halal meat.
• Prime Location: Situated in an excellent main road trading position, the premises feature full glass frontage with an electric canopy/awning and shutters for added security. The strategic location ensures consistent customer flow and accessibility.
• Well-Equipped Premises: The spacious premises, approximately 850 ft², are equipped with essential amenities including CCTV surveillance, a sales counter, EPOS cash register, touch screen till, weighing scales, refrigeration units, and ample storage space.
• Strong Turnover: With a reported turnover averaging £8,000 to £10,000 per week and a gross profit margin of 20-25%, this business demonstrates consistent revenue generation and profitability.
• Potential for Growth: The business presents opportunities for further development, including the option to offer Oyster sales due to its proximity to the station. There is also potential to expand into online sales through platforms like Uber Eats, introduce complimentary product lines, and explore adding hot food and beverages to the offering.
The offer benefits from 3 pricing options:
Option 1: £85,000 + stock with £1,700 per month rent – Ideal for buyers seeking a turnkey business with lower monthly overheads and a higher initial investment.
Option 2: £75,000 + stock with £1,800 per month rent – Offers a competitive purchase price with slightly higher monthly rent, suitable for budget-conscious buyers.
Option 3: £110,000 + stock with £1,000 per month rent – Provides a premium package with lower monthly rent, appealing to buyers looking for a higher initial investment with reduced ongoing expenses.
Don’t miss out on the chance to own a successful and well-established Indian grocery and Halal butchers business in a prime East London location. Whether you’re an experienced entrepreneur looking to expand your portfolio or a newcomer seeking a lucrative venture, this business offers tremendous potential for growth and success.
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