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Local Convenience, Newsagents & Hardware Store In Devon For Sale

Beaworthy, Devon, UK
Asking Price:
£290,000
Turnover:
Available on request
Net Profit:
£86,378

This is a unique opportunity to acquire a local convenience store, newsagents, and hardware shop, which is based in Beaworthy, Devon. The business has no local competition within a 6-mile radius and has a 5-star Trading Standards rating.

The business was originally established in 2001, with the current owner taking over in 2015. Under the present ownership, the business has experienced significant growth and has gained an excellent reputation and a loyal customer base in the local community.

The store prioritises offering their customers a wide selection of products and services, including various convenience goods, myHermes parcel shop, pastries, drinks ‘to go’, newspapers, alcohol, local produce, groceries, hardware goods, and much more.

Until March 2020, the hardware store was operating as a separate entity in the adjacent property. However, due to the outbreak of COVID-19, the owner decided to incorporate the hardware side of the business inside the main premises, which has proved highly successful. The store has now become a one-stop-shop for local residents and means they can shop within the community.

The business currently opens from 7:00 am to 17:30 pm on Monday to Saturday, with an early close on Wednesday at 14:30 pm. On Sundays, the business opens between 08.00 am to 12.00 pm. There is huge scope for the new owner to extend opening hours.

Contact Intelligent Business Partners

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