Buy a business

Rugby Licensed Retailer of Imported Food & Drink

Rugby, Warwickshire

Advert ref: 1768TRB

NEW PRICE!
The Business Partnership are very pleased to be marketing for sale Riga Latvian Grocery Store, a profitable retailer of imported food and drink, located in the heart of this thriving Warwickshire town centre.

Established in 2018, our clients invested heavily in establishing a bright, modern and very well appointed shop. Stocking high quality food and drink sourced from around Europe, the client base grew rapidly with many travelling significant to shop there.

With 3 upright cold cabinets, 3 large display freezers and serve over cold counter, together with hot drinks machine and quality shelving, the unit is professionally fitted throughout. The shop stocks fresh and frozen foods together with a wide selection of groceries, and drinks - as well as alcoholic drinks.

Last year T/O £330k, GP 103k - Excellent 31% Gross Profit Margin. 

The business is now reluctantly offered for sale to allow our clients to pursue other non-competing business interests.

This is a confidential sale. For further information please click through, or contact the Business Partnership Warwickshire office directly.   

Key features:

  • Prominent High Street Location with Alcohol Licence
  • Imported Food & Drink for a Discerning Customer Base
  • Customers Travel from Wide Ranging Areas to Shop
  • Superbly Fitted Premises with High Quality Fixtures & Fittings
  • Taking in Excess of £330k per Annum - 31% GPM!!
  • May Suit Other Retail Lines
  • Genuine Reason For Sale

Property Details: Leasehold
Asking Price: £40,000 + SAV (Leasehold)
Turnover: £333,000 Annual
Lease Terms:

Just over 1 year remains of a 5 year lease at rent payable of £833.33 per calendar month.

Rugby Licensed Retailer of Imported Food & Drink Rugby, Warwickshire

Financial Details

  • Leasehold: £40,000 + SAV
  • Turnover: £333,000 Annual
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