Well Established Food Store For Sale
Greater London, City of London
- Asking Price: £77,000 +SAV
We are advised the business generated a turnover of circa £70,000, further financial information can be made available upon request.
Please quote reference B06611
- Tenure: Leasehold
Please quote reference B06611
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Valley House Wholefoods which is a well-established food retail business with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
The business has flourished under her ownership with many regular and returning customers and turnover increasing significantly each year.
The business is only now offered to market due to our client moving overseas. The vendor is keen to see his beloved food and lifestyle shop pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
Valley House Wholefoods Is an independent, family run business that prides itself on its products, friendly and relaxed atmosphere, and exceptional customer service. There are local products ranging from Daily Fresh Fruit Vegetables Organic, Gluten Free, Vegan, Healthy Products.
The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.
Scope to improve
- Advertising and marketing campaign
- Maximise the use of social media particularly Twitter and Instagram
- Update the existing website ideally adding an e-commerce facility
- Extend the opening hours
- Explore online voucher discounters such as Groupon and Wowcher.
- A well-established business with an enviable reputation and many existing customers
- Low running costs with inexpensive rent and no business rates
- Prime trading position with little or no competition locally
- Ideal owner managed or partnership business
- Till system
- CCTV system
- Office furniture
- Remote control electric canopy
- And much more!
The business is family run and managed.
The business trading hours are as followed:
Monday to Saturday - 11:00am - 19:00pm
Sunday - 12:00pm - 20:00pm
Valley House Wholefoods occupies a prominent position in the town and sits alongside other complimentary retail businesses and thus benefits from good levels of footfall and passing trade along with regular custom.
The business is nicely presented and maintained with clear visible signage. There is free parking nearby.
The business is beautifully presented and maintained with a pleasing upmarket feel and comprises a generous open plan retail space on the ground floor and a further retail space and storeroom on the first floor.
Fitted with CCTV, 2 Air Con/Heating, fire extinguishers, metal and wooden shelves in the shop, storage area, kitchen, office, toilet, burglar alarm system.
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the current Lease, the rent is £1000 per month.