AF173-Lifestyle Express Convenience Store for sale Very Profitable Convenience Store - Newsagent & Off-Licence Run Under Management

Lifestyle Express Convenience Store for sale Very Profitable Convenience Store - Newsagent & Off-Licence Run Under Management

Ref. AF173

Location Worcester City Centre

Asking Price £25,000

Business Profile

Established over 7 years ago this modern convenience store operates primarily as a newsagents and off-licence supplying a range of customers within the community it serves. A well located convenience store this business sells food, confectionary and general products, alcohol, newspapers and cigarettes etc. all of which bring a growing number of repeat customers into the store, on a regular basis. 

The location of this business is superb and it brings in a constant stream of paying customers. The store is situated on a walking and driving commuting route, serving a college, residents and local businesses including the Worcester race course, cricket ground, hotel, and restaurants and bars. 70% of customers are regular customers and the remaining 30% as passing through (shopping on the high street, tourists, etc.). We are advised the business only utilises some 25% of the available space within the premises.

This has been an  extremely profitable business with excellent turnover and profits to  date. Figures for current year are down (see below for reasons)  and it is offered at a very realistic price for a quick sale. . The business is now  run under management and has  generated excellent returns for the vendor.

This  has been  a very well-managed, easy to run business. With turnover historically  averaging in excess £9,000 - per week , this represents an excellent opportunity to acquire a well located convenience store and off licence, that is solidly established within the local community.

Since July 2015  the vendor has put in place a manager to run things and this additional cost, as you  would expect , has impacted sales and profitability for the current year,  as has the poor weather.

Because the vendor is now not working in the business full time it has also  started to get stock delivered but again this is incurring additional costs that would not necessarily be incurred by a new owner.

Customer service

The business manages many customers in any normal working week and has the range of stock and processes (including modern EPOS system) to ensure that customer needs are satisfied fully. Customer service and presentation is very important to the business, the vendor ensures that staff are polite, helpful and efficient with customers.

This customer management and satisfaction is backed up with the provision of a wide variety of products and services from which comes customer confidence and is responsible for the business benefiting from a growing customer base.

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AF173-Very Profitable Convenience Store - Newsagent & Off-Licence Run Under Management

Very Profitable Convenience Store - Newsagent & Off-Licence Run Under Management

Ref. AF173
Location Worcester City Centre
Asking Price £25,000

Business Profile

Established over 7 years ago this modern convenience store operates primarily as a newsagents and off-licence supplying a range of customers within the community it serves. A well located convenience store this business sells food, confectionary and general products, alcohol, newspapers and cigarettes etc. all of which bring a growing number of repeat customers into the store, on a regular basis. 

The location of this business is superb and it brings in a constant stream of paying customers. The store is situated on a walking and driving commuting route, serving a college, residents and local businesses including the Worcester race course, cricket ground, hotel, and restaurants and bars. 70% of customers are regular customers and the remaining 30% as passing through (shopping on the high street, tourists, etc.). We are advised the business only utilises some 25% of the available space within the premises.

This has been an  extremely profitable business with excellent turnover and profits to  date. Figures for current year are down (see below for reasons)  and it is offered at a very realistic price for a quick sale. . The business is now  run under management and has  generated excellent returns for the vendor.

This  has been  a very well-managed, easy to run business. With turnover historically  averaging in excess £9,000 - per week , this represents an excellent opportunity to acquire a well located convenience store and off licence, that is solidly established within the local community.

Since July 2015  the vendor has put in place a manager to run things and this additional cost, as you  would expect , has impacted sales and profitability for the current year,  as has the poor weather.

Because the vendor is now not working in the business full time it has also  started to get stock delivered but again this is incurring additional costs that would not necessarily be incurred by a new owner.

Customer service:

The business manages many customers in any normal working week and has the range of stock and processes (including modern EPOS system) to ensure that customer needs are satisfied fully. Customer service and presentation is very important to the business, the vendor ensures that staff are polite, helpful and efficient with customers.

This customer management and satisfaction is backed up with the provision of a wide variety of products and services from which comes customer confidence and is responsible for the business benefiting from a growing customer base.

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AC347-Luxury Sea-Cliff Edwardian 7-bed Family Holiday Home with Heated Indoor Swimming Pool

Luxury Sea-Cliff Edwardian 7-bed Family Holiday Home with Heated Indoor Swimming Pool

Ref. AC347

Location Norfolk

Asking Price £420,000

Business Profile

This is an opportunity for anyone looking for a Luxury Sea-Cliff Edwardian 7-bed Family Holiday Let Home with Heated Indoor Swimming Pool that can accommodate up to 14 people.

A wonderful Edwardian Gentleman’s seaside home this property has now been sympathetically converted into a unique holiday rental property and has a team of people in place to look after the cleaning of the property and the handover period between guests.

With stunning views the property stands on top of a cliff overlooking the coastline and on the edge of the rural village of Mundesley, which boasts a beautiful beach and many attractions for tourists, making it an ideal holiday retreat for families and groups of friends.

Financial profile:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Rental Income £65,000 Net profit £20,000

Asking Price:

Asking Price of £420,000 is for the Freehold assets and goodwill of the business

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