Business for sale

Business description

Advent Business Sales is pleased to have been instructed to offer for sale this extremely popular convenience store with excellent further potential.

The business, which has been established for over 30 years, has been in the proud ownership of our vendors for 3 years and is only now being offered to the market to allow them to concentrate on their other business commitments.

The business offers all the usual items you would expect to find in a convenience store, including:
• Newspapers and magazines
• Confectionery
• Cigarettes and tobacco
• Beers, wines and spirits
• Greetings cards and gift wrap
• Ice cream
• Frozen foods, vegetables
• General household goods
• Small amount of hardware and pet foods.

In addition they offer hot food cooked freshly.

An ATM machine generates approximately £2,200 per annum in commission.

The pay zone facility accounts for £1,500 of revenue per week.

An average weeks takings from the shop is approximately £6,000 which is increasing daily.

The shop achieves an excellent and well above industry average gross profit of approximately 35%.

General Information

Employees:The business is run by the vendor plus 1 full and 1 part timer.
Trading hours:Mon – Sat: 6am – 9pm,Sun: 7am – 9pm
Property:Leasehold
Living accomodation:A good sized ground floor lock up together with a first floor 2 bedroom apartment and consisting of: Ground Floor - Double window either side of a central entrance door leading to - Main sales area with counter servery, cigarette gantry and spirits are close by - Extensive retail display - Racking throughout - Chest freezer - Ice cream freezer - 5 cabinets, 1 open chiller - stores to the side of shop with front access The whole shop was fully refurbished in 2007. First Floor - 2 bedroom apartment with lounge, kitchen
Location:The shop is ideally located in the heart of an upmarket village in the Cotswolds. The nearest competitor is over a mile away.

The shop is surrounded by residential properties and parking

Expansion potential:Whilst already an excellent and very profitable business, the premises would benefit from being extended which would increase greatly, the product range and therefore turnover and profits. The construction of 400 houses nearby is planned for the future. This will help to increase sales further.
Financing available:Please let us know if you require finance for the purchase of a business.