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Profitable Convenience Store Loyal Customer Base For Sale

Batley, West Yorkshire
Asking Price:
£44,950
Turnover:
£121,143
Net Profit:
Available on request

Business
Hilton Smythe welcomes to the market Money Wise Mini Market based in Batley in West Yorkshire.

This busy and attractive business sells a wide selection of cigarettes, tobacco, milk, cold drinks, confectionery, crisps, ices, dairy products, frozen goods, greeting cards, household items and other sundry items. It also has a Paypoint facility.

The family run business has been owned by our client for 24 years and is now reluctantly selling to enjoy a well-deserved retirement.

The business can be further expanded by opening longer hours and by the obtaining of an alcohol licence.

There is little or no competition in the immediate area and there is a high volume of passing traffic. The business is situated in a highly populated residential area with 2 schools nearby.

This is a good and established business marketed at a reasonable price for an early sale.

Location
This ground floor convenience store is situated on the very busy Soothill Road in Batley which is situated near Wakefield in West Yorkshire.

The business is in a heavily populated residential area, with new housing estates and schools in the immediate area.

There is free street parking immediately to the front and nearby.

Daily high volumes of passing traffic with a bus stop directly outside.

Moneywise Mini Market is within walking distance of the train station.

Premises
This ground floor convenience store is situated on the very busy Soothill Road in Batley which is situated near Wakefield in West Yorkshire.

The business is in a heavily populated residential area, with new housing estates and schools in the immediate area.

There is free street parking immediately to the front and nearby.

Daily high volumes of passing traffic with a bus stop directly outside.

Moneywise Mini Market is within walking distance of the train station.

Tenure
We are advised that the premises are held under a Lease of which 7 years remains as of 2017, with a rent of £650 per month.

Hours
Monday to Friday: 7.30am to 9pm
Saturday and Sunday: 9am to 9pm

Staff
The owner runs the business with the assistance of family.

Financial Profile
We are advised that the turnover for 2017 was approximately £121,000, with a gross profit of around 27%.

The business is exempt from the payment of business rates.
The business carries about £20,000 stock.

Property information

Property:

Leasehold

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