Bulgarian supermarket for sale in Walthamstow Londo

Description

This store proudly serves the local community with a wide range of essential Bulgarian foods and goods and is known for its friendly customer service and reliability. There is significant opportunity for a new owner to grow the business by introducing additional ethnic and Asian products and services to attract a broader customer base.KEY BUSINESS HIGHLIGHTS:• Outstanding location on a high-footfall high street• Large retail unit operating from approximately 1,000 sq. ft• Well stocked store with licensed alcohol sales, with scope to expand into Asian and other ethnic food ranges• Strong potential to add new revenue streams, including:* Lottery* PayPoint* Payzone services* Mobile top-ups* Newspapers and magazines* Expanded ethnic and Asian food offerings* Extended opening hours • Financials: Reported turnover of circa £800,000 in FY 2023/2024. Full accounts available to serious buyers • Attractive lease terms with 4 years remaining on the current lease. Strong landlord relationship with willingness to grant a new lease. Rent £26,000 per annum • Opening hours: 7 days per week, Monday to Sunday, 9:00am to 7:00pm • Staff: The shop employs 5 staff members, with the possibility of staff transfer if required • Reason for sale: Owners are focusing on expanding their wholesale business and are willing to provide a full handover and transition support • Expansion potential through product diversification, service additions, and increased alcohol sales marketing • Stock is excluded from the sale price, with the owner willing to take back stock to facilitate a smoother transactionViewings strictly by appointment only. Interested parties are invited to make contact to register their interest.