Award Winning Organic Supermarket In Cheltenham And Website For Sale

Business description

The business was first established by the present owners in 1998. This is a highly successful and thriving convenience retail business that offers a huge range of high quality, high margin natural and organic produce from superbly presented leasehold premises located in the heart of the affluent town of Cheltenham. The business is directed towards the affluent shopper with an eye for good quality natural produce. This concept has been extremely successful and current turnover is in the region of £1,100,000 and GP an impressive 35% - well above the standard for general convenience stores and supermarkets. Our clients feel that this business model, with its long established supplier accounts and merchandising, will make a highly profitable and expandable niche bolt on for an existing multiple seeking new high street and on-line markets. The model ideally suits affluent towns. The present owners have continually re-invested into high quality fixtures and fittings and are constantly seeking out new products and suppliers with many long established accounts and discounts now in place and a range of approximately 8,000 products. Recent developments include the launch of a web site that includes e-commerce and this is now accounting for approximately 10% of turnover, with ample room for growth.

Property information

Property:

Leasehold

Leasehold rent:

£62,000 per annum

Premises details:

The business occupies a superbly presented lock up leasehold corner property with an attractive display frontage of approximately 21m x 8m. Internally, the property is equipped and fitted to the highest of standards.