International Convenience Store in Worcester

£80,000.00

Summary:

– Well established business

– Situated on a busy high street

– Regular, loyal client base

Ethnic products

– Only Turkish supplier in the area

– Halal butcher

 

Contact us for more details, or book a viewing.

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.  


    Description

    Business Description:

    Silk Letting Business Brokers are delighted to welcome to the market a highly popular convenience store that specialises in suppling international products. The business prides themselves in being the only Turkish products supplier in the area with a Halal Butcher providing halal meat and chicken in addition to fresh vegetables and desserts.

    Some of the cuisines they sell includes:

    – Arabic
    – Chinese
    – African
    – Indian
    – Pakistani
    – Egyptian
    – Syrian
    – Turkish
    – Kurdish
    – Iranian

     

    The business is situated in a huge double fronted shop on a busy main road, the shop is eye catching and has a lot of loyal customers from the surrounding residential area as well as new passing clients who pop in as walk ins and often return!

    They currently source food from Turkey and London from Turkish suppliers, the current owner is happy to provide details for the new owner. The business includes around £55,000 worth of stock and assets.

     

     

    Premises, fixtures, and fittings:

    This well stocked stores comes with around £55,000 worth of stock and all the fixtures and fittings needed to run the business to its full potential It consists of:

     

    – Sales area
    – Storage room
    – Office
    – Toilet
    – Car Park space for the owner

     

     

    Location:

    This popular international food shop is located off the busy A38 in Worcester and is surrounded by a wide range of local businesses and amenities. It is in the perfect location for passing traffic and a high footfall. It is easily accessible by public transport and on foot. There are also a lot of Car parks around if you wanted to visit by car.

     

    Some local businesses and amenities include:

    – Takeaways
    – Bars and pubs
    – Banks
    – Hairdressers
    – Recruitment firms
    – Estate agents
    – Café’s

     

     

     

    Business Hours:

    The business is currently open Monday to Sunday 8am – 9pm due to demand.

     

     

    Staff Members:

    The business currently has 3 staff members. All 3 are happy to stay in the business. 1 full time butcher and 2 part time staff members.

     

     

    Tenure and Financial Profile:

    This property is leasehold.

    Annual rent is £15,000 per year.

    5 years remaining on the lease, the landlord is happy to make a new lease with the new owner.

    Business rates are £8000 for the year.

     

     

     Reason for sale: 

     The business owner is selling the business due to personal circumstances, this creates the perfect opportunity for a new owner to take over an already established and profitable business.

     

     

    Growth Potential:

    The business does not currently have a website, the new owner could create one allowing customers to click and collect on products. The new owner could also introduce a home delivery service, hiring delivery drivers.

     

    A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

     

    Contact Sharon at Silk Letting on 0161 507 9791 or admin@silkletting.co.uk to secure your viewing today!

     

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