Profitable Convenience Store Loyal Customer Base
Batley, West Yorkshire
Ref: 14069 F
Hilton Smythe welcomes to the market Money Wise Mini Market based in Batley in West Yorkshire. This busy and attractive business sells a wide selection of cigarettes, tobacco, milk, cold drinks, confectionery, crisps, ices, dairy products, frozen goods, greeting cards, household items and other sundry items. It also has a Paypoint facility. The family run business has been owned by our client for 24 years and is now reluctantly selling to enjoy a well-deserved retirement. The business can be further expanded by opening longer hours and by the obtaining of an alcohol licence. There is little or no competition in the immediate area and there is a high volume of passing traffic. The business is situated in a highly populated residential area with 2 schools nearby. This is a good and established business marketed at a reasonable price for an early sale.
We are advised that the turnover for 2017 was approximately £121,000, with a gross profit of around 27%. The business is exempt from the payment of business rates.The business carries about £20,000 stock.
The owner runs the business with the assistance of family.
Monday to Friday: 7.30am to 9pm Saturday and Sunday: 9am to 9pm
This ground floor convenience store is situated on the very busy Soothill Road in Batley which is situated near Wakefield in West Yorkshire. The business is in a heavily populated residential area, with new housing estates and schools in the immediate area. There is free street parking immediately to the front and nearby. Daily high volumes of passing traffic with a bus stop directly outside. Moneywise Mini Market is within walking distance of the train station.
The business is run from a mid-terrace ground floor premise of a well maintained and refurbished double shop. There is room for pavement parking outside. The attractive entrance is between 2 large display windows. The shop is well stocked with ample display shelving and units. The sales counter is to the right. The shop is well maintained with attractive décor and good quality fittings. There are 2 stock areas at the rear, with a kitchenette and toilet facilities. Above the shop there is a flat which could be available to rent. The premises are shuttered and have the benefit of CCTV. There is free on street parking available. The sale includes: - TillSales counter2 cold drinks fridges (on loan from Coca Cola and Lucozade) 1 large double fridge1 large freezer1 ice cream freezerDisplay units and shelving. We are advised that the business assets are worth in the region of £10,000.
We are advised that the premises are held under a Lease of which 7 years remains as of 2017, with a rent of £650 per month.