Convenience Store & Wholesale Supplies Business In Fuengirola For Sale

Business description

Operating from a spacious, modern Convenience Store in the centre of one of the Costa del Sol's busiest towns, this unique business combines a thriving retail shop with an established wholesale delivery service to restaurants throughout the region. The Convenience Store was refitted and modernised in 2006, including a bright new shopfront and the introduction of barcode scanning using a computerised till system, which also manages stock and pricing. The store occupies leasehold premises in a prime position on the main street and is held on a 5-year lease at a monthly rental of €3.000. The business is run by the English owner and his wife, with 3 full-time staff to cover 6 days opening per week for the shop and to operate the Wholesale Delivery Service to restaurants all along the coast and inland to Granada and Cadiz. Stock is imported direct from the UK, with exclusive agency contracts with the main suppliers, and stored at a rented warehouse locally before being transferred to the retail shop or delivered to wholesale customers - a delivery van is included with the business. Annual turnover is over €600.000, split approximately 60% retail / 40% delivered wholesale, producing a substantial net income for the owners. This is an unique and profitable business established over 4 years with excellent growth potential, and is offered for outright purchase at a realistic price. Stock will be extra at valuation and is expected to be around €30.000.
** This is the owner's approved selling price. Diamond Commercials sold this business to the present owner and is best placed to negotiate the most attractive terms on behalf of a serious buyer.

Property information

Real Estate:

Lease

Lease terms:

5 years renewable

Living accommodation:

There are plenty of rental properties available and we can help with this.

Location:

Perfect town centre location with plenty of passing trade. This is a very profitable business.

Other information

Expansion potential:

Just walk in and start trading

Competition / Market:

None

Support & training:

Full training available

Reasons for selling:

Genuine ill health

Related documents:

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• Special Offer Voucher