- Business ID:3071
- Price: £80,000+SAV
- Annual Turnover: £390,000
- Business Category: Newsagents & Convenience Stores
- Location: Greater Manchester
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: Awaiting Cert
Sovereign Business Transfer is delighted to present an exceptional opportunity to acquire a flourishing licensed convenience store in the vibrant area of Hulme, Greater Manchester. Situated on Stretford Road, just two miles south of Manchester city centre, this thriving business benefits from an excellent location on a busy parade, surrounded by a densely populated area. With high visibility and easy access, the store attracts a steady stream of both local residents and visitors, ensuring a constant flow of potential customers.
This well-established store boasts a loyal customer base and generates a robust weekly turnover of approximately £7,500. Despite its success, the business presents significant opportunities for further growth. New owners could extend the current opening hours, which are Monday to Sunday from 11:00 to 23:00, to capture even more sales. Licensing hours are 08:00 to 23:00 daily, except Friday, licensed 08:00 to 03:00. Additionally, there is ample potential to expand the convenience retail side of the business by introducing fresh produce, groceries, and international foods, enhancing its appeal as a go-to shopping destination for the local community.
The store is in excellent walk-in condition and ready for immediate operation by new ownership. With its spacious layout and diverse range of high-quality products, the store offers an ideal platform for further development. Currently operated by the owner, the business is primed for expansion and increased profitability with the right vision and management.
The leasehold of the business comes with a competitive monthly rent of £1,320, making it an attractive and affordable entry point into a well-established retail operation. This is an excellent chance for a buyer to step into a profitable, well-run business in a prime location.
This convenience store offers an exciting opportunity for prospective buyers to take over a successful business with a strong reputation and excellent growth prospects. With its solid foundation and strategic positioning, the store is perfectly poised for continued success under new ownership. Interested parties are encouraged to arrange a viewing to fully appreciate the potential on offer.
- High weekly retail turnover of £7,500 per week
- Established business in high footfall location
- Scope to develop business by extending retail products and opening hours
- Genuine reason for sale
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