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Supermarket Chain For Sale
Location Scotland
Asking Price Range $5.0M - $10.0M
Gross Revenues $8249986
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1952
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training Full support, training and handover will be provided to the successful purchaser.
Reason for Sale After more than 44 years of hard work, the owner now wishes to enjoy the fruits of his labour and spend more time at his overseas property.
Description Limited Company operating an Independent Supermarket Chain - Three Freehold Units with Petrol Forecourts
Ref.AF158
Asking Price Offers Invited
This opportunity offers three profitable, freehold supermarket stores with petrol forecourts, which are extremely well established. The business has been trading for in excess of 60 years and been under the management of the vendor (who has always worked within the industry alongside his family) for 44 years.
All stores are ideally located in convenient locations and benefit from both motor and pedestrian passing trade as well as regular local shoppers; the premises are close to all amenities and adjacent to busy trunk roads.
The three supermarket stores operate from circa 3,300; 9,000 and 3,300 square feet floor area respectively.
Store 1: Supermarket store and petrol forecourt
Store 2: A small supermarket store with an additional ten small retail units available to let. The units include a fitted out hair salon and cafe area. These units are currently not let and therefore should incur additional footfall and profitability should the new owner choose to go down this route. The option is also there for a new owner to combine the area to comprise of one big retail unit with a petrol forecourt.
Store 3: This comprises of a smaller supermarket store, a large store and a petrol forecourt. There are 4 retail units which are let comprising a take-away cafe, community foods, dog grooming and a hair salon.
The stores each operate petrol forecourts, which help drive additional sales, plus it has established itself as one of the region's leading independent supermarkets for major brands in freezer products, all associated food and home necessities, fruit and vegetables, snacks, confectionary, and carbonated & soft drinks to the local community. Many of the existing customers have been loyal to the business since the very beginning,
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