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High Turnover Asian Supermarket In Birmingham For Sale

Birmingham, West Midlands, UK, ID 267806

High Turnover Asian Supermarket In Birmingham For Sale 1
High Turnover Asian Supermarket In Birmingham For Sale 1
Asking price:
GBP£1 000 000
Turnover (per year): £3 500 000 gbp
Net profit (per year):£275 000 gbp
Owner
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Description

Established Supermarket For Sale - High Turnover with Strong ProfitabilityWell-established supermarket operating from approximately 6,000 square feet of retail space in a busy high street location in Birmingham.The business generates annual turnover of approximately £3 million and delivers strong gross and net profit margins. It is currently operated under management, providing a fully established turnkey opportunity for a new owner.The business produces an average weekly profit of approximately £5,000 and offers significant opportunities to increase revenue through further development and additional income streams.Key Highlights:* Approximately 6,000 square feet of retail space* Annual turnover of approximately £3 million* Strong gross and net profit margins* Average weekly profit of approximately £5,000* Busy high street location in Birmingham* Fully managed operation* Turnkey business ready for immediate takeover* Significant potential for future growth and increased revenueLease Information:* Approximately 17 years remaining on the current lease* Lease renewal may be available, subject to landlord approvalThis business represents an excellent opportunity for experienced retail operators, investors, or businesses seeking to expand through the acquisition of an established and profitable supermarket.

Details

Real Estate: Lease
Equipment cost: 50 000
Employees (ppl): 8
Reason for selling: Relocation
Support from seller: Hand-over period
Square m2: 557
Asking price: 1 000 000 gbp
Turnover (per year): 3 500 000 gbp
Net profit (per year): 275 000 gbp

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