- Business ID:2873
- Price: £199,950 +SAV
- Annual Turnover: £1,119,826
- Business Category: Off Licences
- Location: Greater Manchester
- Tenure: Leasehold
- Living Accommodation: Yes
- EPC Rating: Awaiting Cert
Sovereign are privileged to bring to the market two high turnover and profitable liquor outlets located in affluent areas in the Greater Manchester area both with enviable trading locations and parking facilities. Both outlets are well known and have a strong base of regular loyal customers as well as benefitting from a considerable amount of passing trade throughout the day and night. Our client has ensured the business has an excellent reputation having operated and run both stores for many years, 19 years the one and the second for 15 years.
Both shops are fully fitted with fridges, display shelving and the one shop has a central gondola. Each shop has its own EPOS stock control tills and National Lottery Terminals. Outside signage is prominent. The two shops sell a wide range of beers, wines, spirits and cider. To enhance sales each shop has a Premium Wine Display as well as specialized ales from Belgium and Germany coupled with glassware related to the ales. An extensive range of selective Gins are on display. For the collector and consumer gift bags are available as well as gift packs and a large range of miniatures. Stocked and sold in the shops are cigarettes, vapes confectionery and sweets. Both shops sell Craft Ales from local breweries.
The first shop has a downstairs cellar and stock room and boasts a turnover of circa £580,000. Shop two has a stock room and a gross turnover circa £540,000 and includes a two bedroomed flat with separate gas and electricity generating a separate income to subsidise the rental on the business. Both shops are leasehold and due to covid have reduced the opening hours seven days a week Combined turnover is circa £1,100,000 net profit circa £46,000 year ended 31st March 2021.
Both shops could increase turnovers by the introduction of online ordering and a social media marketing account.
These two businesses are priced to sell and viewing is highly recommended.
- Business ID: 2873
- Strong Weekly Sales Circa £22,000
- Genuine Reason For Sale
- Scope For Online Presence
- Two Profitable Businesses
- Prime Sought After Locations
- Genuine Retirement Sale
- Viewing Highly Recommended
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