Off license shop for sale

Description

This well-presented off-licence holds tremendous potential for growth and is strategically located in the heart of Seven Sisters Manor House and Stamford Hill. Nestled between the new Manor House apartments and the Artists Village, it serves a community of 2,000 residents who rely heavily on this shop due to limited alternatives in the area. With ongoing daily success and a steady influx of customers, potential buyers are warmly invited to visit and explore this remarkable opportunity, with assistance available for any inquiries.

The shop boasts an extensive range of alcoholic beverages, including a varied selection of spirits, wines, and beers. In addition to these offerings, customers can choose from an assortment of non-alcoholic drinks and energy beverages. Convenient late-night operating hours ensure it meets the needs of the community, while well-organised shelving and displays provide easy access to products. The shop also features a range of retail items such as snacks, vapes, and various convenience goods, enhancing its appeal to a broad clientele.

This flourishing business is well-supported by nearby amenities, including bus stops, cafés, and multiple residential buildings that contribute to its steady foot traffic. The business comes equipped with essential fixtures and fittings, such as shelves and fridges, making it easier for new owners to seamlessly transition into ownership.

Financial Overview

The leasehold price is set at £60,000, with a current turnover of £260,000 and an annual rent of £19,200. The profit margin stands at £75,000, indicating a robust financial position. Over the past year, there has been a notable increase in turnover, showcasing the shop's capability for sustained growth and profit enhancement.

Key Features

Significant repeat business potential
Smooth transition process for new owners
Staff facilities included for convenience
Ample storage space to support operations
Strategically positioned in a market town
History of strong tenant relationships
Consistent year-over-year growth
Reliable trade throughout the year
In summary, this off-licence not only presents a fantastic investment opportunity but also thrives within a supportive community. With established customer relationships and a promising growth trajectory, it offers an ideal setting for both new and experienced entrepreneurs looking to make their mark in the retail sector.

Ad ID: 1511646268