Freehold Convenience Store With Accommodation In South Wales For Sale in Treorchy- Business 4 Sale .co.uk

Business Summary

The particular highlights of the business are:
- The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits - A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £140,000 with a net profit of £24,378. (See financial summary below).
- A business with great potential.
- An easily run operation.
- A good first time buyers business and ideal purchase for a family or husband and wife team.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides General Convenience, Newspapers, National Lottery, PayPoint, Off License, Tobacco, Frozen Foods, and has an ATM situated inside the store.

History
Phoenix Business Transfer Agents are delighted to place onto the market this Freehold Convenience Store with Accommodation in South Wales which has been established since the 1970’s. The business has been in the hands of the current owner since 2003 and he now wishes to sell due to other business commitments.

Services
This very good business opportunity provides General Convenience, Newspapers, National Lottery, PayPoint, Off License, Tobacco, Frozen Foods, and has an ATM situated inside the store.

Staffing
The concern employs no staff and is a family run operation.

Owners Role
The owner is involved in the day to day running of the business.

Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.

Competition
There is no local competition.

Market
The client base consists of local residents with high levels of passing trade.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to 10pm to take greater advantage of the off license trade.
• Increasing the product line to include a wider range of beers, wines and spirits. There is also scope to increase the range of frozen foods and frozen ready meals.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £143,511 with a gross profit of £37822 and a net profit of £24,378.
The present value of the stock is £30,000.
The potential turnover of the business within the next 2 years is forecast to reach £215,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.

Property Information

	Property:	Freehold

	Lease Terms:	The business is Freehold and the rates are £100 pa for the flat and £250 pa for the store.

	Living Accommodation:	Yes

	Details of Accommodation:	The business comes with a spacious and well presented 2 bedroom flat with sitting room/diner, kitchen and bathroom.

	Location:	- Situated in the Treorchy area north of Cardiff in South Wales. - Prominent location on main arterial road. - Excellent free parking facilities. - Surrounded by a well populated residential area with schools and other local amenities. - High levels of passing trade. - Good volumes of traffic and pedestrian flow. - A commercially thriving area. - Well linked with the A4061, A4058, A470 and M4. - Cardiff, Caerphilly, Pontypridd and Bridgend all lie close by. - Area enjoying much growth and re generation. - A lifestyle area. - Excellent local demographics for this type of area.

Competition

There is no local competition.

Growth Potential

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to 10pm to take greater advantage of the off license trade.
• Increasing the product line to include a wider range of beers, wines and spirits. There is also scope to increase the range of frozen foods and frozen ready meals.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.

Support and Training Offered

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Reason for Selling

now wishes to sell due to other business commitments.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Monday to Saturday: 8am to 7pm. Sunday: 10am to 6pm

Summary of Staffing

The concern employs no staff and is a family run operation.

Contact this seller

Title:	First Name:	Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:


Enter this security code:

Your message:

Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.