CoGoGo presents an excellent opportunity to acquire Amma's Fare Off Licence, an established retail business situated in the heart of Woolwich, South East London.
The business benefits from a prominent trading position on Powis Street and offers an opportunity for an enthusiastic new owner to take over an existing operation with potential for further development.
The business has been under the current ownership since 2022 and is now being offered for sale as the owner wishes to pursue another business venture.
Amma's Fare Off Licence operates as an independent off licence, serving the surrounding community and local shoppers.
The business has been operated by the current owner since 2022 and trades as a sole trader.
With an advised annual turnover of between £180,000 and £200,000, the business offers an incoming purchaser the opportunity to acquire an existing retail operation.
There is potential for a new owner to explore additional product ranges, promotional activity, local marketing initiatives and extended trading opportunities, subject to any necessary consents.
The business is being sold solely due to the owner's decision to move on to another venture.
Financial Profile
We are advised that the business has the following financial profile:
Annual Turnover: £180,000 - £200,000
Stock Value: Approximately £12,500
Business Assets: Approximately £7,500
