Turnover circa: £527k
Adjusted Net Profit circa: £70k
BUSINESS SUMMARY
Location: Undisclosed
Type of Business: Convenience Store & Post Office
THE OPPORTUNITY
Prime Location: Strategically located in a high-traffic area with excellent visibility.
Established Customer Base: A loyal and diverse customer base that values the convenience and quality offered.
Strong Financial Performance: Consistent revenue growth and profitability over the years.
Comprehensive Product Range: Well-stocked inventory catering to the varied needs of customers, including fresh produce, groceries, snacks, beverages, and household essentials complimented by the addition of the Post Office.
Experienced Staff: A dedicated and skilled team that contributes to the efficient operation of the business.
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SALE CONSIDERATION
This opportunity is presenting a turnkey operation for aspiring entrepreneurs or existing chains looking to expand. The sale will encompass all aspects of the business, including its prestigious brand, loyal customer base, the Post Office is a very busy that brings increased footfall into the retail premise the store also benefits from an experienced team, all backed up with being part of the national network along with their buying power.
FINANCIAL SUMMARY
The business benefits from multiple revenue streams, all of which are robust and consistent, providing a reliable source of income. The complimentary offerings below, bring a continuous customer base into the store offering opportunities for upselling and include:
– Lottery
– Pay Station
– Post Office Salary
– Alcohol Sales
– Photocopying/Printing Service
– DHL and UPS parcel shop
– Internal Cash Machine
PREMESIS
The store is located on a busy residential estate and is offered by way of a new lease to be agreed, alternatively the Freehold will be made available to purchase. The vendor has made significant improvements to the property and introduced new low energy lighting and equipment which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive, high quality fit out to date.
Viewing is essential to appreciate the quality of the business on offer.
TERMS
The property is currently owned by the vendors and therefore if the business is made available with the Freehold property.
MARKET ANALYSIS
The convenience store industry in the United Kingdom is a dynamic and resilient sector that plays a vital role in meeting the daily needs of consumers. Characterized by a diverse range of products and services, convenience stores have become an integral part of the retail landscape. This market analysis aims to provide an overview of the key trends, opportunities, challenges, and competitive landscape within the convenience store industry in the UK.
Market Size and Growth:
The convenience store industry in the UK has experienced steady growth over the years. The demand for convenient and accessible shopping options, coupled with changing consumer lifestyles, has contributed to the expansion of the market. The convenience store sector has proven to be resilient, adapting to consumer preferences and incorporating technology to enhance the shopping experience.
The convenience store industry in the UK remains a vibrant and evolving sector with opportunities for growth and innovation. Adapting to changing consumer preferences, embracing technology, and differentiating through unique offerings are essential strategies for success in this competitive market. As the industry continues to evolve, convenience stores that demonstrate agility and responsiveness to market trends are poised for long-term success.
FURTHER INFORMTAION
Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.
For more information please contact us.
