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8820DE DERBYSHIRE L\H LARGE CONVENIENCE STORE

Asking Price: GBP 100000
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Retail » Convenience Stores
Description:
THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
convenience store, which has been trading
successfully since 1983.
The current vendor has been in constant
ownership from this time but is now
reluctantly selling due to a need to retire.
Our client, over the years, has steadily grown
the business and enjoys an excellent
reputation in the local area.
With the opportunity of adding number 19
to the shop on 15/17, the size would become
a very useful 1500 sq ft of selling space.
This makes it very interesting to the groups
with their ‘local mini markets’. The vendor
will consider selling just 15/17.
A very useful, indeed desirable aspect of the
business, is the very large storage area which
has been grown to make use of bulk buying
over the years, added to which a rear loading
bay so that lorries can drop their loads
without problems of traffic congestion.
Present items of sale include:
• Packaged , frozen and fresh foods
• Dairy products
• Household items
• Pet requirements
• Greetings cards
• Wines, beers and spirits
• Soft drinks
• Stationery
• Sweets, snacks and ices
• Spices, condiments and pickles
• Breads and cakes
• Branded medicinal needs
• Bagged household coal
• Tobacco products
• Top up and payzone
Stock at cost is approximately £40,000 -
£50,000.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1983
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2FT\3PT
No of trading hours: Mon – Fri: 8.15am – 10.00pm Sat: 9.00am – 10.00pm Sun: 10.00am – 10.00pm
Reasons for selling:
 now reluctantly selling due to a need to retire.
Market competition and expansion:
 This is an ideal candidate for a Sainsbury local or a similar shopping configuration. There is additional potential to increase turnover with news/magazines, lottery, paypoint and a bigger dairy offer and longer opening hours.
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