Sovereign Business Transfer is thrilled to present a unique opportunity to acquire a thriving Asian convenience store with an artisan bakery and meat counter, located in the bustling area of Burnage, Greater Manchester. This business is on the market due to the current owners’ other business commitments, offering a fantastic opportunity for new owners to build on its solid foundation and take it to new heights.
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Strategically positioned just four miles south of Manchester city center, the store enjoys excellent visibility and accessibility, benefiting from its prime location. The store is located on a busy shopping parade, drawing significant foot traffic from both locals and visitors alike. It is also highly visible from Kingsway, a major dual carriageway linking Levenshulme to Cheadle and the southern suburbs, with approximately 7,000 vehicles passing by during peak hours, ensuring a constant flow of potential customers.
The store has a strong and loyal customer base, generating a healthy weekly turnover of approximately £12,000 to £15,000. Despite its success, there is considerable potential for further growth, particularly by extending the current opening hours, which are Monday to Saturday from 9:00 to 22:00 and Sunday from 9:00 to 20:00. The business boasts a good reputation, underscored by a Food Safety Score of 4, reflecting high compliance with food safety standards.
The store has recently undergone a refurbishment, presenting in a turnkey, walk-in condition that is ready for a new owner. Currently operated by the owners and a full-time butcher, the business has immense potential to expand its offerings and increase turnover. With its spacious layout, the store accommodates a diverse range of high-quality products, including fresh produce, groceries, and international foods, making it a preferred shopping destination for the community.
Additionally, the store’s active involvement in community events and activities further enhances its appeal and customer loyalty. The leasehold for the business comes with a passing rent of £30,396 per annum, providing an affordable entry into a well-established retail operation.
In conclusion, the business offers an exciting opportunity for prospective buyers to step into a successful and well-managed business in a strategic location with a strong customer base and growth potential. With its excellent reputation and established operations, the store is poised for continued success under new ownership. Interested parties are encouraged to arrange a viewing to fully appreciate the opportunity on offer.
High weekly retail turnover of £12,000 to £15,000 per week
Established business in high footfall location
Recently refurbished to a high standard
Vast scope to develop business by extending opening hours
Genuine reason for sale
