This store proudly serves the local community with a wide range of essential Bulgarian foods & goods and is known for its friendly customer service and reliability.
There is much opportunity for the new owner to increase the business by adding more new ethnic/Asian products and services to attract new customers.
Key Business Highlights:
• Outstanding Location: High footfall, High Street.
• Large Retail Unit: Operates from 1,000 sq. ft.
• Well-Stocked & Plus Alcohol: Bulgarian food products, can extend to stocking Asian/ethnic food.
• Massive opportunity to expand business further by adding:
o Lottery.
o Pay Point.
o Pay Zone services.
o Mobile top-ups.
o Newspapers and Magazines
o Increase Ethnic/Asian food supplies and range.
o Expand Open Hours
• Financials: Reported turnover of circa £800k in FY 2024/2023. Full accounts available to serious buyers.
• Attractive Lease Terms: 4 years remaining on current lease. Strong relationship with landlord who is open to granting a new lease. Rent £26,000 pa.
• Opening Hours: 7 days per week, Mon–Sun: 9:00am–7:00pm
• Staff: the shop employs 5 staff, and there is a probability for staff to be transferred with business, if needed.
• Motivation to Sell: The owner wants to focus on expanding their other wholesale business and is willing to offer a full handover and support transition.
• Expansion Potential: Much opportunity to expand business by adding new products, to attract new customers, add new services as outlined above, and proactively market sale of alcohol.
• Stock – is excluded from sale price and the owner is willing “to take back stock” as he can store this stock in his warehouse, to make the deal more attractive.
Viewings by appointment only, contact us today to register your interest.
