Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Deli In Good Trading Location For Sale

Wolverhampton, West Midlands
Asking Price:
£54,995
Turnover:
£207,974
Net Profit:
Available on request

Business
Hilton Smythe welcome to the market Marie’s Deli.

There has been a food based business on these premises for at least 35 years but the current owner’s, a husband and wife team, founded Marie’s Deli roughly 14 years ago and have successfully run ever since. The business is now being sold albeit very reluctantly due to family and personal reasons.

Marie’s Deli sells a comprehensive range of groceries, cooked meats, sausages and bacon, freshly baked breads, cakes and pastries, fresh cream cakes and freshly prepared sandwiches and rolls lovingly prepared on the premises.

Scope to improve
Extend the opening hours
Advertising and marketing campaign
Website to extol the services and products offered
Maximise the use of social media
Offer a delivery service
Outside catering.
Consider introducing a sandwich round to cater to local businesses.

Location
The business is located in the historic village of Wednesfield. A residential area within the city of Wolverhampton. It is 2 miles east-northeast of Wolverhampton city centre.

Marie’s Deli is situated in a busy and vibrant shopping parade in the centre of a densely populated residential housing estate, with properties being a mix of local authority and private housing. The business sits alongside other retail businesses such as a convenience store, betting shop, hair and beauty business and take away food outlets.

The business benefits from high levels of footfall and has many regular customers many of whom are known on a first name basis by the current owner who is a well-liked and respected member of the local community.

Premises
The business is well signed, nicely presented and maintained with ample free parking in car parks to the front and rear of the premises.

Shop

Secured externally by steel electric shutter. Window and glazed door to front creating a light airy interior, high ceilings which increase the feel of space further, fluorescent lighting with tiled floor and walls.

Equipment includes:-

Long refrigerated glass fronted serve over counter,
Open dairy chiller,
Perimeter shelving,
Bug zapper,
Counter with wicker bread baskets,
Till,
Generous run of worktop and wrapping area.
2 microwave ovens,
Frigidaire upright fridge,
Meat slicing Machine,
Two glass topped food freezers,
Stainless steel sink and drainer with cupboard beneath.

Tenure
We are advised leasehold and the current lease expires in late 2018, the rent is a very reasonable £4,800 per annum.

The landlord is the local council and our clients’ have successfully negotiated a new 5-year lease, available for the purchaser.

There are no business rates currently payable.

Hours
Monday to Friday 8.00am-4.30pm
Saturday 8.00am-3.30pm
Sundays closed

Staff
The business is owner managed by a husband and wife team, with the help of a full time member of staff.

Financial Profile
The business reported a turnover in year ending 2017 of approximately £208,00 with a gross profit of roughly £63,000. The average net profit for the last two years has been approximately £38,000.

Property information

Property:

Leasehold

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Hilton Smythe. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here