Busy Convenience Store with Post Office Counter
ManchesterRetail
Financial summary
- Asking price
- £475,000
- Annual turnover
- £1,320,000
- Net profit / cash flow
- £112,000
- Tenure
- Freehold
- Business type
- Established business
- Employees
- 6
- Established
- 2004
- Seller
- Private seller
About this business
A long-established convenience store trading from a freehold property in a densely populated Manchester suburb. The business combines grocery, chilled, off licence and news trade with a sub post office counter that drives consistent footfall. The property includes a three bedroom self-contained flat above, currently occupied by the owner, which could be let or retained for a working owner. Turnover is split between retail and post office remuneration. The store is fully shelved and chilled with equipment owned outright. Six part-time staff cover the rota, and the current owners work behind the counter part of each week.
Business details
Reason for sale
The owners are retiring after more than twenty years of trading.
Premises
Ground floor retail area of approximately 1,150 sq ft with stockroom, plus a three bedroom flat above.
Lease information
Not applicable, freehold sale including the flat above.
Growth opportunities
Food to go, parcel collection volume and extended evening hours are all under-exploited.
Assets included
All shelving, chillers, freezers, EPOS and CCTV included.
Training and support
Full handover of post office procedures, subject to the usual approvals.