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High Turnover Off Licence in Stourbridge, West Midlands on Sale, 20k Weekly Sales, Fully Staff Run

Stourbridge, West Midlands
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Busy Off Licence With £20,00 Per Week Turnover Photo 1
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Busy Off Licence With £20,00 Per Week TurnoverBusy Off Licence With £20,00 Per Week TurnoverBusy Off Licence With £20,00 Per Week TurnoverBusy Off Licence With £20,00 Per Week TurnoverBusy Off Licence With £20,00 Per Week Turnover
  • Status

    FOR SALE

  • Date Submitted:

    06/12/23

  • Advert ID

    603598

  • Reference

    FWDC / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £220,000
  • Rent: £25,000
  • Turnover: N/A
  • Net Profit: Not Applicable

Business Details

Busy Off Licence With £20,00 Per Week Turnover

Mailbox Estates presents an opportunity to purchase a high turnover Off Licence in the beautiful town of Stourbridge.

The Store has been owned by husband and wife since 1998, but unfortunately its time for retirement, giving a new entrepreneur the most amazing opportunity to continue their growing success

With the very well known and popular business turning over a massive £20,000 on average per week what's not to like! The store is well presented to a high standard, with a wide selection of wines, beers, spirits as well as soft drinks, fizzy drinks, tobacco and lottery.

The Opportunity:
* Weekly turnover of £20,000
* Zero business rates
* 15 year NEW lease available!
* Large amount of footfall
* Many of services still to add to increase weekly turnover!
* Established since 1998
* Genuine retirement sale

Weekly Turnover
* The business generates an average of £20,000 to £21,000 per week with its limitless opportunities to further increase sales due too its size, why not add delivery, post office or even parcels and offer everything under one roof.
*Tobacco sales average around £1,000 per week.
*The lottery sales average around £500 per week. (Lottery takings are not included in the counter sales.)

Price
* £220,000 OIRO SAV

Tenure
*The business is offered for sale on a new 15-year renewable lease with a rent review every fifth anniversary.

Rent
*The rent per year is £25,000.

Rates
* We have been advised that there are no business rates payable.

Staff
*The store is run under full management of two full time and two part time staff members

Trading Hours
* Monday to Saturday 10:00am - 10:00pm
* Sunday 11:00am - 9:00pm

Location
* The store sits alongside other complimentary retail businesses in which creates a large amount of footfall.
* Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.

Internal
* Ground floor - area of approximately 240 m2
* Internally the shop has a generous size storage room.
* Staff WC to the rear.

Fixtures and Fittings
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price along with a ATM.
* The business also benefits from a full modern CCTV, Alarm System and Shutters.

External
* Highly visible Signage on a prominent main road location.
* Park to the front with over 50 spaces.

Regulatory
* Premises License
* Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.

Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.

DEPOSIT
* Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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

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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.

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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.

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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.

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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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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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The data showed regarding this advert 'Busy Off Licence With £20,00 Per Week Turnover - FWDC / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.