Buy a Profitable Convenience Groceries business for sale in South London on BusinessesForSale.com

  • Listing ID: 904047
  • (Seller ref: C7364)

Profitable Convenience Groceries For Sale


Location:
  • UK
  • > South London
Category:
Type:

Listed by:


Asking price:
£59,500
Sales revenue:
£416,000
Cash flow:
Available on request
Employees:
The business is at present operated by the vendor with the assistance of staff.

No image available

SPACIOUS SINGLE FRONTED SALES SHOP approx. 16ft frontage x 30ft depth with tiled floor, fluorescent lighting. Fully equipped including shelving, ice cream deep freeze (on loan), 1 upright doubel door drinks display fridge plus 2 upright single door drinks display fridges (all on loan), counter, till etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease having 15 years unexpired from June, 2009 at a rental of £24,500 p.a. exclusive of rates up to June, 2014, with rent review at that time and thereafter after the following 5 years.

Uniform Business Rates: £8,500 p.a. approx.

THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION
Location:
Situated in a parade, excellent trading position, busy road, tourists/residential area, LONDON, SW

Expansion potential:
WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,000 p.w. We understand from the vendor the gross profit is in the region of 30%.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
6 a.m. - 1 a.m. seven days per week
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell a Convenience Store section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more

  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted

Advertisement


Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: