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CONFIDENTIAL SALE
FOR SALE
05/07/23
516188
The World Foods Asian Greengrocers and convenience store is available for purchase in the bustling city of Luton, Bedfordshire. This well-established enterprise has been operating successfully for the past 18 years. Having been under my ownership for the last five years, I carried on the business from my father, ensuring the continued growth and success of the business.
The business is strategically located within a thriving community. Positioned near a train station and Luton Airport, this store benefits from a high volume of footfall. It's also found on a main road location, just a short distance from the town centre, which further enhances its accessibility to customers.
The asking price of £350,000 for the leasehold is negotiable. This cost includes all fixtures and fittings necessary for continued operation. A mutually agreeable price for the current stock will also be included in the final valuation. Over the last year, there has been a significant increase in turnover, a promising sign of a thriving business. The store boasts a healthy level of competition, which contributes to a vibrant business atmosphere.
On top of the retail premises, the business also includes accommodation. The property features two flats, one with 3 bedrooms and the other with 2 bedrooms, conveniently located above the store. Four dedicated and experienced employees are currently contributing their skills to the business. The store operates from 8 am to 8 pm seven days a week, ensuring maximum availability for customers.
Unfortunately, due to health circumstances, I've made the tough decision to put this impressive business on the market. Sold fully fitted and set in a prime location.
For complete details about this business or to start negotiating, please feel free to contact me directly.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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