Established Green Grocer Business 'The Veg Shop' For Sale in Rossendale, Lancashire
Rossendale, Lancashire
- Status
FOR SALE
- Date Submitted:
16/02/24
- Advert ID
606871
- Reference
B07851 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £233,542 (£4,491 Per week)
- Net Profit: Not Applicable
Business Details
Well Established Green Grocer For Sale
BusinessPlease quote reference B07851
CoGoGo welcomes to the market The Veg Shop, a well established and popular grocery store located in the heart of Rossendale. The business has been established for over 35 years, and has been operated by the current owners for over 2 years. Only now does the business come to market as our clients are looking to move on to another business venture.
The Veg shop is extremely well known within the local community and surrounding areas. Being located on Bank Street within the busy centre of Rossendale, the business benefits from a large footfall and is convenient for local shoppers as well as passing trade with plenty of parking close by.
The shop is popular on social media, having a 5 star google reviews with customers stating ‘Very impressed with the quality of products, I used to buy from the supermarket, the veg from this shop tastes better and lasts so much longer, will definitely come back, keep up the good work guys it's appreciated’ and ‘Wonderful service and delivery. Thank you to the team for delivering a beautiful fruit hamper at short notice’
Our clients are offering a hand over period to ensure the continued success of the business.
This is a turn key opportunity with established supply lines and a loyal customer base, a great opportunity.
Location
The business is located on Bank Street, Rossendale.
The business is surrounded by a wealth of complimentary shops and businesses benefitting from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is also well served by the A-roads within easy driving distance of the business, which links to the motorway network.
Premises
Well presented Shop with excellent eye catching signage. Due to the location, the business has a high volume of footfall. There is also ample parking facilities within the proximity.
Open plan sales area with ample storage and display fixtures. To the rear of the shop is the storeroom with storage stands.
Assets included in the sale include;
- Till and card reader
- Fixtures and fittings
- Delivery van
- Social media account
- Store room in the rear of shop also includes a chiller room
Tenure
We are advised this business is being sold on a Leasehold basis with 2.5 years remaining on a 7 year lease.
Hours
The current trading hours are:
Monday - Closed
Tuesday to Saturday - 8:00am to 4:00pm
Sunday - Closed
Opportunity to extend hours.
Staff
The business is run and managed by our client with the help of 2 part time staff members.
Financial Profile
Advised turnover for 2023 was said to be £233,542. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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