Sold. Supermarket Chain – Three Freehold Units With Petrol Forecourts

Limited Company operating an Independent Supermarket Chain – Three Freehold Units with Petrol Forecourts
Ref.AF158
Location Scotland
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,

Expansion Potential
The current market for this business’s services is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

This is an outstanding opportunity to allow a new owner to expand the existing business profile, particularly with the diversity of the premises offered with the sale. Anew owner contributing fresh ideas and investment in sales and marketing resources will have every advantage of building on an excellent platform.

Market / Competition / Non-Competition Agreements
Limited advertising has been used to date, so there is an opportunity to market the business more aggressively, which should significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.