Business for Sale in Nr BARGOED, MID GLAMORGAN - 1 FREEHOLD, STRONG SALES CONV STORE & 1 FREEHOLD FAST FOOD OUTLET, MID GLAMORGAN - Freehold: £295,000 (Offers in the region of)

Key Information

Ref
G33823J
Type
Retail Businesses: Convenience Stores
Location
Wales: Mid Glamorgan
Tenure
Freehold
Status
For Sale
Annual Sales
£575,000 Ex Vat
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EM&F are delighted to offer to the market this wonderful 2 property/Business package consisting of a lock up, single storey detached freehold Convenience Store with lottery/alcohol licence and a single storey detached lock up Fast Food Outlet (also advised with alcohol licence) directly opposite.

The 2 businesses, pretty much staff run are the only ones in the location, totally unopposed and are positioned ideally for trade upon a busy, very large residential estate therefore enjoying year round, constant trade opportunities. With no immediate competition the potential for trade development and even increased margins is felt very strong.

The Convenience Store enjoys easily achieved sales of over £10,000 per week and recent accounts we have on file show gross profits of well over £100,000p.a. and strong adjusted net profits. Our seller advises that the sales have been substantially higher in the past as he only now trades to levels to suit his lifestyle/requirements. He feels that for more ambitious and hungry new owners there is development potential and higher profits to be made.

The Fast Food outlet (which was actually the shop premises many years ago), has been fully refitted and equipped over the last 4 months or so and offers what is a Snack Bar to the local community. Sales are already achieving £1,000 + per week our seller advises and seemingly continue to improve day by day. This great addition complements the income stream benefits that this package offers.

Only now available for sale after 25+ happy and indeed very profitable years of trading, this totally unopposed 2 property/business package is one that is highly recommended by us at EM&F and must be seen to be fully appreciated!


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