Two Popular Fruit & Veg Stores in Suffolk
£185,000
£400,000
£61,973
Overview
Leasehold
2016
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Wide Variety of Products & Services
This is a fantastic opportunity to acquire two popular fruit and veg stores, which are ideally located in Bury St Edmunds and Newmarket.
The business was first established in 2016 and since opening its doors, the company has experienced significant growth and success, due to its niche produce and offering of quality and exotic fruit and veg.
The two successful fruit and veg shops sell a wide variety of fresh produce and exotic goods from around the world, including fruits, veg, oils, vinegars, spices and herbs, rice, noodles, as well as a choice of frozen products.
The popular business has a very loyal customer base due its vast choice of produce, with many customers travelling from further afield to visit the stores. The clientele also comprises many locals in the area, having built up a renowned reputation in the local community.
The business has a range of 5* reviews on Google, with high praise based on the quality of the food, the unique choices, and helpful staff and service.
In Bury St Edmunds, the business currently operates from an ideal location along the high street, with lots of passing footfall. This business is situated in a two-story building; however, the lease only covers the ground floor. The fruit and veg are often displayed in boxes at the front of the shop creating an attractive shop front. The main shop area consists of shelving, a drinks fridge, freezers, and a till area. There is also a stock room and toilet facilities located to the rear of the premises.
The Newmarket store is located just off the main shopping street, which is popular with tourists and locals alike. They display produce on the pavement in front of the shop. The Newmarket shop is slightly larger, with a till and counter towards the rear. The store has several chillers, fridges, freezers, a stock room, a toilet, and a side entrance for deliveries. Although there is a little bit of competition in Newbury, no shop offers the same produce as this business.
This would be the perfect opportunity for someone in the food and catering sector, who is interested in a niche food business. No previous experience is particularly necessary, just someone with a keen interest to extend an already flourishing business.
Having already established two shops in East England, there is huge scope to open further stores, as this is a very scalable business model.
Additionally, the new owner could look into expanding the wholesale side of the business.
Furthermore, there is a brilliant opportunity to begin completing further deliveries and to grow website orders, providing the business with further trade.
The business already has a working website and is taking advantage of social media platforms (Facebook and Twitter), but it would be advantageous to operate an Instagram due to the popularity of visuals.
The current owners are happy to offer an initial transitional period, in order to ensure there is a smooth and efficient business handover.
Features
Key Information
- Delivery Services: In-house
Reputation
- Google: 4.4
Online Presence
- Facebook: Yes
- Twitter: Yes
Location
- High Street Location
- High Footfall
- Nearby Car Parking
- Limited Competition