Sold

Profitable Market Stall In A Great Area

Sedgley, West Midlands

£10,000 +SAV

Ref: 2685 H

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Description

Hilton Smythe are delighted to welcome to the market JCS Fruits. The market was originally established in 1978, and was taken over by our client in 2013. Our client is now selling the business due to the desire to concentrate on other business interests.

The greengrocers sell all kinds of fruit and vegetables, and is laid out nicely and the products are reasonably priced.

With the vast range of products, the stall attracts many customers. This is what the turnover for the business is high. The current advised turnover for the business is around £85,000 as of the 2016 accounts.

Our clients have been running the stall at a steady pace to suit themselves. There is potential to increase turnover considerably, with a hard-working new owner.

The stall has so much potential to increase turnover. The new owner can work on this by developing a website to advertise the products that they offer. The business could also benefit from a marketing campaign and also by approaching local businesses, such as pubs and cafes on becoming their main supplier.

Our clients are offering a handover period to the new owner, whilst getting settled in. The current staff are also will to stay at the business and will share their 20 years’ experience, making the is a fantastic opportunity for an inexperienced purchaser.

This business has a vast amount of potential and is not to be missed. This fantastic stall has many ways of increasing turnover with such an amazing opportunity to learn from the current owners. We certainly advise an early viewing.
Contact us today for more information

Tenure

Leasehold

We are advised that the business is Leasehold.

Lease Details
There is a 5 year lease on the greengrocers that has 1 year remaining as of 2017.

The rent on the Greengrocers is £259 per week.

Hours

Business opening times-

Monday- Closed
Tuesday- 9am-5pm
Wednesday- Closed
Thursday- 9am-5pm
Friday- 9am-5pm
Saturday- 9am-5pm
Sunday- Closed
Extended hours during Christmas.

Staff

The business is run and managed by our client with the help of 2 part time staff members.

Financial Profile

We are advised the turnover for the business is around £85,000 per annum.

Location

JCS Fruits is in Sedgley, Dudley in the West Midlands.

Located in the very popular Sedgley Concord Market, this fantastic market stall receives a lot of footfall from the recently refurbished market. Concord market has many different types of stalls, including this brilliant Greengrocers. The other stalls in the market include electricals, games, mobile phones, clothing, furniture, confectionary and also a printers and many more.

The market is located in the town centre of Sedgley with many buses and other public transport services in the area, going to and from surrounding towns such as Wolverhampton and Dudley. This allows the business to take advantage of the surrounding town’s customers.

There is a vast range of retail outlets within this small town, with many eateries and also several local amenities. This town is the best suited area for this great business. The business also benefits from the free parking close by.

Premises

The business is an individual market stall in a popular indoor market.

The greengrocer’s market stall is a good size with fruit and vegetable displayed across all of the shelving. There is an additional gondola displaying vegetables and separate racking for package goods,

There is a separate utility/preparation area with a run of worktops and storage space beneath, Space for a larder fridge
Wash basin with water heater above
Weighing scales
Generously sized walk-in chiller with perimeter shelving
Rear store room with perimeter shelving and floor storage
Door to rear yard/bin store.

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