West Midlands Freehold Supermarket Florist And Garden Centre For Sale

Business description

HISTORY

• The business was founded by the present vendor over 30 years ago

REASON FOR SALE

• The business is only now being reluctantly offered for sale as the vendor wishes to retire

PRODUCTS

• The business has a diverse mix which includes a supermarket, florists, garden centre, fruit and veg and building materials & pet supplies

CUSTOMERS

• The customers of the business are almost all drawn from within the local community

SERVICES

The business rents an area to a mobile telephone company to erect a mast and receives rent of £4,500 per annum

STRENGTHS

• An extremely well established business which has been trading for over 30 years
• High visibility location on the edge of a residential area
• Diverse product mix of a supermarket, florists, garden centre and building materials
• Very consistent annual turnover of over £1 million with a gross margin of circa 27%







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Freehold

Location:

• The business occupies a high visibility location on the edge of a residential area in the West Midlands

Premises details:

• Spacious ground floor lock up premises with first floor mezzanine area in bay 1 which has 2 offices, a kitchen/canteen area and male and female W/Cs.
• Bay 1 on the ground floor is primarily used as a supermarket
• Bay 2 is a large florists & pet food supplies
• The rest of the bays are used for storage
• Outside is used as a garden centre and building supplies, together with a large car park
• The premises are fully alarmed and have the benefit of a 16 camera CCTV system.

Business Operation

Expansion potential:

• Expand the supermarket partially into the next bay and increase the product range
• Develop part of the large car park for other uses such as a chip shop
• Open earlier in the mornings and longer on Sunday’s
• Apply to have the national lottery.

Trading hours:

• Mon to Sat: 9am to 6pm
• Sun: 10am to 4pm

Employees:

• The business has 5 full time staff including the vendor and 14 part time who each work approx 16 hours per week

Other information

Inventory / Stock value:

£110,000

Related documents:

• 
• Sales Particulars

• 
• EPC