Hilton Smythe are pleased to have been given the opportunity to manage the sale of Q & Sons Food Store which is a well-established Butchers and general grocery store with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a food-based business these premises for many years and the current owner has been running it as Q & Sons Food Store for the last 4 years or so. The business has been a real labour of love for the vendor and has accrued many regular customers under his ownership along with a burgeoning reputation.
The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to pursue a change of direction, he is keen to see his beloved butchers cum grocery store pass to an ambitious and entrepreneurial new owner who can take this already thriving business to next level.
Q & Sons Food store supplies Halal meat and general groceries to the local community.
Scope to Improve:
- Advertising and marketing campaign, a local leaflet drop always yields good results.
- Maximise the use of social media.
- Website to extol products and services offered.
- Introduce a delivery service, lots of elderly people locally who would find this useful.
Reasons to Buy:
- A well-established business with an enviable reputation and many existing customers.
- Prime trading position with free parking.
- All fixtures and fittings included making this a real Turnkey business opportunity.
- Current owner happy to offer a handover to ensure the continued success.
- Low running costs with inexpensive rent and no business rates.
Hilton Smythe highly advise early viewing to avoid disappointment.Location
Q & Sons Food Store is in the Erdington area of Birmingham.
Erdington is a suburb and ward of Birmingham that is historically part of Warwickshire. Its postcodes include B23, B24 and B72. It is 5 miles northeast of central Birmingham and borders Sutton Coldfield.
The business is situated in a small but unusually busy and vibrant shopping parade and sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade along with regular custom.
The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking immediately outside the premises.Premises
Q & Sons Food Store occupies the ground floor of an inner terraced retail unit and briefly comprises:Shop;
Windows and glazed door to front creating a light, airy and inviting interior, pull out sun blind and outside display area to the front. Good sized and well stocked shop with wood effect tiled floor, suspended ceiling, counter with till and generous wrapping area, single glass fronted drinks chiller, double glass fronted drinks chiller, perimeter shelving and racking, central shelving gondola, long refrigerated glass serve over counter to the butchery area, mincer, butchers block, weighing scales, two glass topped food freezers.WC;
With close coupled toilet and hand wash basin.Walk-in chiller;
To the rear of the shop is a secure yard and a generous walk-in chiller.Tenure
We are advised that Q & Sons Food Store is being sold as a leasehold business opportunity.
The existing lease is arranged on a monthly rolling basis and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.
The current rent is £10,596 per annum which is reasonable given the size and location of the premises.
We are advised that the business benefits from being exempt from business rates.Hours
Monday to Saturday 09.00 – 20.00
Sunday 09.00 – 14.00Staff
The business is run and managed by our client with the help of three part time members of staff.Financial Profile
Q & Sons Food Store generates an advised current turnover of circa £127,000 per annum.