Hilton Smythe is delighted to welcome to the market this well-established and popular convenience store/off licence business in Merseyside.
The business was established by our clients in 1994 and is only now being offered to the market due to our clients' desire for a well-deserved retirement. The business currently operates 6½ days per week and generates a turnover in the region of £1,300,000 per annum, with a gross profit of approximately 23%.
Our clients sell a large range of products including, DIY materials, such as paint, brushes, logs, light bulbs and gardening equipment. There is a large selection of pet foods and accessories including leads, dog and cat baskets and toys. The business sells a large amount of alcohol, groceries, dairy products and fresh fruit and vegetables, to name a few.
The supermarket has a small delicatessen enclosed within the shop, where our clients sell cooked meats and sausages. The business does well with Lottery scratch cards, Paypoint, Pay Zone and Collect Plus, with 5% commission on Lottery.
The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering longer trading hours on Sundays. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised Leasehold:
Remaining lease length: 15 years.
Rent: £13,800 per annum.
HOURSThe business is open:
Monday - Saturday: 8.30am - 8.00pm
Sunday: 10.00am - 2.00pm
STAFFThe business is owner run and managed with 2 x part time staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £1,300,000 per annum, with a gross profit of approximately 23%.
This busy supermarket occupies substantial premises, ideally located within Merseyside. The business is situated within a small parade of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade. The business further benefits from a free car park to the front of the premises. The business is surrounded by densely populated residential areas, from which the business derives much of its 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 nearest railway station is approximately 2 miles away. The area is also well served by the A-roads, with one being within easy driving distance, which links to the national A-road and motorway networks.
Substantial ground floor premises in an ideal trading location, briefly comprising:
The door opens into a large open plan space to which boast several isles within the store.
Large service counter with cash register, Lottery and cigarette gantry - further shelving for spirits behind counter.
Aisle housing soft drinks.
Aisle with washing powder and fabric softener.
Aisle full of DIY products.
Aisle full of toiletries.
There are further aisles with tinned food, preserves, sauces, pasta, rice, tea, coffee milk etc.
Other aisles housing foodstuffs including crisps, chocolate, children's toys, greeting cards and stationery.
Aisle for breads, baps, Pitta's etc.
Large chiller unit for meats.
Large pizza freezer.
2 x large frozen food freezers.
Ice cream freezer.
Ice lolly freezer.
2 x slush machines.
Double chiller unit for milk, cream, cheese, meats, bacon, and dairy items.
2 x double upright refrigerators for soft drinks.
Double freezer for meats.
Door leading to WC with hand wash basin.
Small store room to rear and small kitchen with sink, microwave oven and kettle.
Door to rear yard with parking for owner.
Roller shutters to doors and windows.
There is a security guard, who is council employed, who walks around the complex at night.
The property has CCTV.