Please quote reference B08457CoGoGo welcomes to the market a thriving convenience store for sale in a prime location within Coventry.If you're looking for an exciting opportunity to own a well-established convenience store in Coventry, this is your chance! Situated in a bustling location, this business is ideal for a driven entrepreneur looking to step into a successful venture with ample potential for growth.Business Highlights:- Prime Location: Strategically located in Coventry, attracting steady footfall from local residents and passersby.
- Proven Track Record: Owned since July 2024, this store has built a loyal customer base and consistent income stream.
- Affordable Lease Terms: A 5-year lease with a highly supportive landlord who is open to extending the term. Rent is just £900 per month.
- Simple Operation: Managed by a single staff member (employed via PAYE), making it easy to run and maintain.
- Impressive Assets: Includes fixtures and fittings worth approximately £7,000.
Scope for Improvement: This business already generates a strong annual turnover of £108,000, but there’s plenty of room to grow:- Alcohol Licence: Securing an alcohol licence could significantly boost sales, especially during evenings and weekends. A licence was previously in place and could be reinstated.
- Expand Product Range: Introduce additional services such as parcel pick-ups or a wider range of fresh produce to attract more customers.
- Extended Operating Hours: With its current hours of 8 AM–11 PM, expanding into earlier mornings or late-night operations could further maximize income.
Why Sell?The current owner is relocating to Leicester, making travel inconvenient. This presents a unique opportunity for you to take over and build on the store’s success.Key Business Details:- Trading Hours: Open 7 days a week, 8 AM–11 PM.
- Stock Value: Inventory worth £12,000–£15,000 included in the sale price.
- Turnkey Operation: Ready for immediate operation, offering a smooth transition for the new owner.
What’s Included:- Fully operational convenience store with all essential equipment.
- Fixtures and fittings worth approximately £7,000.
- Support from the landlord and the local community.
Contact Us Today! Don’t miss out on this incredible opportunity to own a profitable and well-loved convenience store in Coventry. Call now to arrange a viewing or request more information!Act Fast – This Business Won’t Stay on the Market for Long!
The store is located in a busy area of Coventry, surrounded by residential housing and other local amenities. Its convenient position attracts regular customers and ensures a steady stream of foot traffic.
The premises are well-maintained and fully equipped with assets valued at approximately £7,000.
The layout maximises customer convenience with well-organised displays and ample space for additional stock.
