Afro Caribbean and Continental Convenience Store in London with expansion potential

Description

Business type: Afro-Caribbean and continental convenience store

Tenure: leasehold

Asking price: £30,000

Financial Information

Average weekly sales: approximately £1,600

Gross profit margin: approximately 50%

Product Range

• Afro-Caribbean groceries
• Continental groceries
• Fresh fruit
• Fresh vegetables

Premises

Total floor area: approximately 475 sq. ft

Ground-floor area: approximately 350 sq. ft

• Electric shutters
• Laminate flooring
• Suspended ceiling
• Tube lighting

Retail Equipment

• Sales counter
• Electronic cash register
• Two chest freezers
• Two open-fronted display chillers
• Display racking
• Weighing scales
• Adjustable shelving

Lower Ground Floor

Basement area: approximately 125 sq. ft

• Shelved storage area
• Stockroom
• Staff cloakroom
• Toilet with wash hand basin

Alcohol Sales Option

Proposed product category: beers, wines and spirits

Licence requirement: local authority approval

Sale Contents

• Renewable leasehold interest
• Goodwill
• Fixtures
• Fittings

Stock: purchased separately at valuation

Funding

Business finance: available to approved applicants