Established Off Licence in Bedfordshire

Luton, Bedfordshire
REF: R06720

Asking Price:
£49,000
Annual Turnover:
£260,000
Annual Net Profit:
TBC
REF: R06720

Overview

Tenure:
Leasehold
Established:
2009
  • Excellent financials
  • Prime location within residential area
  • Wide range of stock
  • Huge scope for growth
  • No competition

Established in 2009, the business for sale is an established convenience store specialising in alcohol sales.

Based in Luton, the store has established a great reputation, known for its wide variety of stock and competitive prices.

A new owner now has the opportunity to excel the business, utilising its accessible location and loyal customer base to its full advantage. The business is now for sale on a leasehold basis.

Since its inception, the business has been trading as a reputable convenience store, offering its local, loyal customers everyday household items as well as consumables, tobacco and alcohol.

The business operates from a single, glass fronted shop. As customers enter the premises, they are greeted to a counter which is positioned on the left-hand side, behind the counter are cigarettes, tobacco and an ample amount of spirits; confectionery is kept on the counter top. The shop utilises aisles and shelving to display the convenience stock. There are fridges placed all along the right-hand side of the store which contain fresh produce and cold drinks. Also, on this floor is a small office and toilets with washing facilities.

The current owner would be willing to stay on for a transitional period to be discussed to assist the new owner with business operations.

Intelligent is pleased to bring to the market this great opportunity to take on a profitable, local convenience store which can fulfil its potential if taken on by the right buyer.

Its prime location and loyal clientele have made the business the success it is today, helping to generate a high annual turnover of £260,000.

Appealing to a current convenient store owner looking to expand their income through a loyal customer base, or an individual wishing to take on a lucrative, independent venture, a new owner could take steps to grow the business further.

Implementing an effective social media marketing campaign would help widen its exposure and attract new clientele. Offering services such as a lottery kiosk, click and collect or delivery service would be highly influential in increasing turnover.

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  • Residential area
  • High footfall
  • Busy main road
  • Parking available
  • Nearby complimentary businesses
Rent
£8,500
Rates
TBC
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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