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Licensed Convenience Store Cheadle For Sale

Cheadle, Greater Manchester, UK
Asking Price:
£54,950
Turnover:
£208,000
Net Profit:
Available on request

Sovereign Business Transfer are delighted to bring to market this prime location convenience store situated just a short distance from the centre of Cheadle village on a high footfall busy parade of shops. The business has been owned and run by a husband and wife team for 17 years.

The business currently concentrates on more traditional alcohol related stock including wine, spirits, beers, champagne and confectionery. But there is vast scope to increase the turnover by increasing product lines including but not limited to household and DIY products.

The business itself is deceptively spacious up to 720 square foot of retail space which looks out on to prime main road position close to excellent motorway transport links (M60 Junction 4) to the North West and beyond. There is also as well as bringing more diverse stock into the business an opportunity to increase the turnover by extending the current limited trading hours and capitalising on the morning trade.

Currently opening in the afternoon there is vast scope for a new owner to capture the early passing trade in this prime high footfall location. We predict this would exponentially increase the weekly takings of the business. We foresee it being able to achieve with extended opening hours in the region of £7,000 to £8,000 per week, essentially doubling the weekly turnover. The business is leasehold and we are advised by our client there is a new lease available to a new owner.

In summary this prime location convenience store has built up a solid reputation and benefits from both repeat trade and busy footfall as well as having huge potential, making it an opportunity not to be missed. Competitively priced at £54,950+SAV, viewing is therefore highly recommended.

Business ID:2846
Weekly Sales £3,500 To £4,000 Per Week (Huge Potential To Increase Turnover)
Established Business In High Footfall Location
Excellent Local Transport Links
Busy Parade Of Shops Location
Vast Scope To Develop Business
Genuine Reason For Sale

Property Information

Property:

Leasehold

Contact Sovereign Business Transfer Limited

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