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Established European Grocery Shop in Rhyl Denbighshire with High Footfall and Expansion Potential for Sale

Rhyl, Denbighshire
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Well Established European Grocery Shop For Sale Photo 1
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Well Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For SaleWell Established European Grocery Shop For Sale
  • Status

    FOR SALE

  • Date Submitted:

    08/04/24

  • Advert ID

    609443

  • Reference

    B07969 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £44,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established European Grocery Shop For Sale

Business
Please quote reference B07969

CoGoGo are pleased to welcome to the market Mario Land, a highly rated East European grocery shop in Rhyl.

The business was first established by our client's over 5 years ago where they have built a great reputation within the area.

Mario Land is now being sold, albeit reluctantly and with heavy hearts only due to the vendors wishes to pursue a change of direction, they are keen to see their beloved convenience/ off licence pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Key selling points -

  • Great reputation
  • Scope for expansion
  • Repeat trade
  • High footfall location
  • Alcohol licence
  • Social media accounts
Scope for further growth - 

  • Increase working hours
  • Expand marketing and advertising -Leaflet drops in the area
  • Create a business website
The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owners, who are popular and well respected members of the local community.

Mario Land is an extremely well stocked business and offers a range of products including;

  • Pickles
  • Diary products
  • Fruit & Veg
  • Smokes meats
  • Cakes
  • Biscuits
  • Alcohol


Location
Mario Land is located on Water Street in Rhyl.

The business has eye catching signage, receiving high levels of footfall and passing trade. 



Premises
Ground Floor

  • Open plan service area with shelving, display stands
  • Storage
  • WC
External Area

  • Large bespoke signage
  • Metal security shutters


Tenure
The business is being sold on a Leasehold basis with 12 months remaining on the 7 year lear.

The current rent is £370 per month.



Hours
The current trading hours are:

Monday to Saturday - 10:00am to 8:00pm

Sunday - Closed



Staff
The business is run and managed by our client with the help of 1 staff member.



Financial Profile
The business achieved a turnover of £85,000. Full financials can be made available upon further request.



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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