Business for Sale in Leicester, Leicestershire Profitable Convenience Store For Sale in Leicester

Leasehold Price £70,000

Business Details
Location
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Key Information

Reference: OL35679G
Tenure: Leasehold
Status: For Sale
Region: Leicestershire
Sector: Convenience Stores
Weekly Sales: £6,000.00 Inc. VAT
Rent Payable: £900 per calendar month
Business Rates: NIL (small business rates relief)
Accommodation: No

High gross sales of over £6,000 per week, offering a lucrative income stream.
Prime location in a busy residential area with ample parking, attracting high footfall.
Potential for growth with extended trading hours and expanded product lines.
Beneficial lease terms with 3 years remaining on a renewable 5-year lease.
NIL business rates due to small business rates relief, enhancing profitability.

Business Information

A lucrative business opportunity awaits in the heart of Leicester. A thriving off-licence and convenience store is now on the market due to the current owner's health reasons. This promising venture is well-equipped and offers a vast range of products and services, making it a popular choice among the local community.

Key Features:

Comprehensive product range including beers, wines, spirits, tobacco, and everyday convenience items
Offers PayPoint and National Lottery services, earning additional commission
Located in a busy residential area with little competition
Ample, unrestricted on-street parking
Impressive sales figures with over £6,000 gross sales per week
High gross profit margin of 25%
Adjusted Net Profit (ANP) of around £50,000 for a full-time working owner
Secure premises with CCTV, air conditioning, alarm system, and shutters
NIL business rates (small business rates relief)
Leasehold with 3 years remaining on a renewable 5-year lease
Rent at £900 per month
Current trading hours offer potential for expansion to increase revenue
Operated by one full-time vendor and one temporary staff member

This business promises a rewarding return on investment and provides substantial scope for growth. A steady and loyal customer base ensures stability while offering numerous opportunities for further profitability.

Price: Offers around £70,000 + SAV | Ref: OL35679G

Don't miss this opportunity to acquire a business with a strong foundation and significant growth potential. For more information, please enquire using the reference number OL35679G. Our team at EMF is ready to assist you with any questions and guide you through the purchasing process.