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High Turnover Asian Supermarket In Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£1,000,000 Furniture / Fixtures included
Turnover:
£3,500,000
Net Profit:
£275,000

6,000 sq ft supermarket turning over £3 million per year.
High gross and net profit. Located on a busy high street parade in Birmingham.
Run under management. Totally turnkey.
Massive potential to grow and increase revenue streams.
Weekly profit circa £5,000/week.
17-year lease remaining.
Can be renewed - subject to applicant.

Property Information

Property:

Leasehold

Lease Terms:

17 years remaining under new lease.
New lease can be offered subject to terms & conditions.

Living Accommodation:

None

Location:

West Midlands, Birmingham

Premises Details:

6000 sq foot retail premises with warehouse located on site.
2 x cold room storage
2000 sq ft warehouse
18-20 vehicle car park
4 shop front size
Over 10000 lines stocked
Under complete management
Established since 2001
High customer reputation
5 star hygiene rating

Size in square feet:
6,000
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

Large opportunity to grow
Easily run as a family business to increase income potential.
Massive potential to grow business and add new lines.

Competition / Market:

Very little competition

Reasons for selling:

Relocation

Trading hours:

Mon-Sat
8am - 10pm

Sunday
10am - 10pm

Employees:
8+
Years established:
25 years

Other Information

Support & training:

Existing owner will decide a fair and reasonable handover period.

Financing available:

N/A

Furniture / Fixtures value:
£50,000 - included in the asking price