Well Established European Grocery Shop For Sale

  • Price: £44,995
Rhyl, Denbighshire, Wales
Seller Ref:B07969
For Sale

Well Established European Grocery Shop For Sale

Rhyl, Denbighshire, Wales
Seller Ref:B07969
  • Price: £44,995

Overview

Seller Ref: B07969

Description

Business
Please quote reference B07969


CoGoGo are pleased to welcome to the market Mario Land, a highly rated East European grocery shop in Rhyl.


The business was first established by our client’s over 5 years ago where they have built a great reputation within the area.


Mario Land is now being sold, albeit reluctantly and with heavy hearts only due to the vendors wishes to pursue a change of direction, they are keen to see their beloved convenience/ off licence pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.


Key selling points –

  • Great reputation
  • Scope for expansion
  • Repeat trade
  • High footfall location
  • Alcohol licence
  • Social media accounts


Scope for further growth – 

  • Increase working hours
  • Expand marketing and advertising -Leaflet drops in the area
  • Create a business website


The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owners, who are popular and well respected members of the local community.


Mario Land is an extremely well stocked business and offers a range of products including;

  • Pickles
  • Diary products
  • Fruit & Veg
  • Smokes meats
  • Cakes
  • Biscuits
  • Alcohol

Location
Mario Land is located on Water Street in Rhyl.


The business has eye catching signage, receiving high levels of footfall and passing trade. 

Premises
Ground Floor

  • Open plan service area with shelving, display stands
  • Storage
  • WC


External Area

  • Large bespoke signage
  • Metal security shutters

Tenure
The business is being sold on a Leasehold basis with 12 months remaining on the 7 year lear.


The current rent is £370 per month.

Hours
The current trading hours are:


Monday to Saturday – 10:00am to 8:00pm


Sunday – Closed

Staff
The business is run and managed by our client with the help of 1 staff member.

Financial Profile
The business achieved a turnover of £85,000. Full financials can be made available upon further request.

Is this business relocatable:
No
Is stock included:
NA

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