Popular Convenience Store in Birmingham

Birmingham, West Midlands
REF: R07481

Asking Price:
£65,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: R07481

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent location
  • Lottery commission £400 pcm
  • Family friendly service
  • No competitors nearby
  • Variety of customers

The business for sale is a successful food and wine convenience store in the West Midlands. This store offers a family friendly service and always has a fully stocked store for every need.

Since establishment in 2019, this business has gone from strength to strength and receives plenty of footfall due to its excellent location. The store offers almost everything a supermarket would have to offer and caters for everyone. The business is generating weekly sales of £9,000 per week and trades 7 days a week 11am-12pm. There is also potential rental income of £685 per month for a 2 bedroom flat which is included in the sale.

The current owner is now looking for a new owner operator to take on and ensure the continued success of the business.

The store is always fully stocked, selling everything from a variety of food to alcohol. The business is lucky enough to be within a local community which supports each other and ensures their businesses can be seen. This boosts custom as this guarantees the area receives great foot flow.

Customers enter the premises from the main road and immediately notice stock to left and right hand side. There are fridges to the left. Opposite this is the till area where there is a display for alcohol and cigarettes. Further into the store on the left and right hand side is more food and soft drinks. A door at the back leads to a stock room, and another door leads to a set of stairs which lead to a three bedroom apartment which is attached to the store, included in rent.

Fixtures and fittings, furniture and appliances included in sale

This is a fantastic opportunity to acquire a very well-established food and wine convenience store which has great foot flow and is always very well stocked.

This business has excellent potential for growth and could be developed further through the use of more advertising and expanding the type of food that is offered. This business could also consider adding a delivery service for customers who are less able to come into the shop.

This business would be best suited to someone who is experienced in this area and is looking to add to their portfolio, or someone who is looking for a lifestyle change.

The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.

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  • Busy high street location
  • Great foot fall
  • Very easily accessible
  • Plenty off road parking nearby
  • Various complimentary businesses nearby with no competitors
Rent
£13,800
Rates
TBC
Lease Term
6
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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