Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

With a retail outlet recently converted to a very high standard at a cost of £130,000 and launched by the current Owner in mid July, this is a busy independent supermarket / grocery / off license offering Polish food, magazines and food takeaway, prepared on site and serving the local community. This business is situated on the high street of a main south coast seaside town and enjoys an excellent passing trade as well as huge numbers of staff from the many offices there are in the local vicinity. Occupying the ground floor it is double fronted and is approximately 1,500 square feet of retail area with office and store room to the rear. It is also fully DDA compliant and the floor is to EU specification. The business currently generates a weekly turnover of approximately £13,000 through a nationally recognized buying chain, which has been achieved in just seven months of trading derived mainly from the sale of all the normal ‘corner shop’ lines including convenience and frozen foods, dairy products, household goods and groceries, fresh fruit and vegetables as well as sweets, confectionery and snacks. It also has an off license, Polish food, magazines and food takeaway.

Market Competition and Expansion:

Acting as a valuable community store and open for long periods each day throughout the week, and situated in a prominent location, this business has little need of advertising and marketing, although they do deliver approximately 4,000 leaflets to the area per month.