Very Popular Wine Merchant for Sale in Kingston Upon Thames
£100,000
£275,121
£41,623
Overview
Leasehold
2005
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Low Overheads
- Equipment Included
This is a fantastic opportunity to purchase an established wine merchant in Kingston Upon Thames. The business offers specialist and quality wines from good value everyday drinking to fine wines.
They offer a fast and efficient delivery service which is free in the local area with reasonable rates outside of the region. This has gained the business a strong customer base with limited competition in the surrounding areas.
With a strong online presence including social media channels and a fantastic website, alongside their popular High Street shop in Kingston Upon Thames.
This established wine merchant would be a fantastic purchase, with opportunity for further expansion geographically, alongside development opportunities within social media and marketing.
This very popular wine merchant is situated within a busy High Street location in Kingston Upon Thames. The business benefits from an attractive shop front, with limited competition and all equipment included.
They have a strong social presence with Facebook and Instagram channels, and they offer free delivery within the Kingston Upon Thames area, with reasonable delivery rates elsewhere.
The company has an established online presence but would benefit from developing it further. Consistent posts on social channels, alongside a dedicated marketing strategy would be profitable.
There is potential to expand to include deli/food offerings and serve wine by the glass on the premises - there is a large pavement space in front of the shop for barrels, tables and chairs. Regular in-store tasting events were also very popular pre-pandemic - re-introducing these could increase sales and customer engagement.
Additionally, the wine merchant could look at expanding its target audience geographically, offering a wider delivery radius. This could also expand into a potential franchise opportunity for the correct potential buyer, establishing new locations across the UK.
Extending business open hours would be beneficial - currently, the business is open 5 days, 11AM - 6PM and closed Sunday-Monday. Extending hours to include evenings and 7 days per week would be profitable.
Features
Key Information
- Sells Online: Yes
Reputation
- Google: 4.8
Online Presence
- Facebook: Yes
- Twitter: Yes
- Instagram: Yes
Location
- High Street Location
- Close to Local Businesses
- Nearby Car Parking
- Good Transport Links
- Limited Competition