| (REF: 1031) Extremely Profitable Mini Market For Sale |
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| Seller Reference: |
1031 |
| B4S Reference: |
31979 |
| Asking Price: |
£649,950
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| Net Profit: |
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| Sales Revenue: |
£800,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Liverpool, Merseyside, United Kingdom |
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Hilton Smythe Commercial take great pleasure in welcoming to the market Shop n Save, which was established by our client 10 years ago and has been under their careful control since then. The business is reluctantly and genuinely offered for sale as our client heads towards retirement.
The business deals mainly in the sale of convenience items, household products, frozen foods, confectionery and tobacco. The business has recently begun retailing newspapers and magazines.
The business has been expanded to a good, manageable size, however there is still scope for improvement. The business would benefit hugely from a lottery franchise, the introduction of a payzone facility to compliment the established paypoint facility, and the retailing of alcohol.
Our client is confident that based upon customer feedback, the retailing of alcohol and lottery products alone, would vastly increase turnover to in excess of £20,000 per week, however, the business is currently being run at a pace to suit our client, and as such does not open on Sundays.
The main retail area is organised into five aisles with retail shelving throughout. In addition, there are six extra large chest freezers, with a newly purchased open fronted chiller, which cost in the region of £12,000.
Towards the left of the retail area there is an access door through to a stock area which leads onto a staff WC and out to a rear yard. The yard is currently used for taking deliveries and is secured by a double metal gate.
The business benefits from a recently installed EPOS system and CCTV throughout the premises.
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Property: |
Leasehold |
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Lease Terms: |
Original Lease 20 Years - 10 Years Remaining
Rent - £1230.00 per month, including all service charges. |
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Current Rent: |
14,760 per annum. |
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Living Accommodation: |
No |
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Location: |
Shop n Save is located on a busy retail parade in the small district of Dovecot, in the eastern region of the City of Liverpool, approximately 6 miles from the city centre.
A major advantage of this fantastic business is the location, in the sense that there is ample, free parking at the front of the premises and the business lies just off the A57, which is a busy main bus route. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The current owner has observed the following opening times:-
Monday – Saturday 08:30 -17:30
As already discussed, there is further scope for increasing revenue by extending the opening hours, which would of course compliment the introduction of the retailing of alcohol. |
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