Corn Street, Witney, Oxfordshire, OX28

Gusturi Romanesti Convenience Store

Turnover circa: £481k

Adjusted Net Profit circa: £AOR

BUSINESS SUMMARY

Business Name: Gusturi Romanesti
Location: 89 Corn Street, Witney, Oxfordshire, OX28 6AS
Type of Business: International Convenience Store

THE OPPORTUNITY

Prime Location: Strategically located in a high-traffic area with excellent visibility.
Established Customer Base: A loyal and diverse customer base that values the convenience and quality offered by Gusturi Romanesti.
Strong Financial Performance: Consistent revenue growth and profitability over the years.
Comprehensive Product Range: Well-stocked inventory catering to the varied needs of customers, including fresh produce, groceries, snacks, beverages, and household essentials.
Experienced Staff: A dedicated and skilled team that contributes to the efficient operation of the business.

SALE CONSIDERATION

With the owners poised to move abroad, Gusturi Romanesti is on the market presenting a turnkey operation for aspiring entrepreneurs or existing chains looking to expand. The sale will encompass all aspects of the business, including its prestigious brand, loyal clientele, extensive fit out and experienced team.

FINANCIAL SUMMARY

The business attracts custom from far and wide, which is testament to the consistent sales revenues of over £480,000 per annum.

PREMESIS

The store is located on a busy main road on the outskirts of Witney town centre and is offered by way of a lease assignment. The vendor has made significant improvements to the property and introduced new low energy lighting and equipment, and the unit has in recent years been renovated which offers a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive, high quality fit out to date.

Viewing is essential to appreciate the quality of the business on offer.

LEASE TERMS

The property is currently leased with one year remaining and is currently leased for £24,000 per annum.

BUSINESS OPERATIONS

Staffing:

A team of 2 existing staff members is known for their experience and dedication to the business.

Suppliers:

Relationships with l suppliers have been established over the years of operating and the business benefits from this for an incoming operator to capitalise on.

MARKET ANALYSIS

The convenience store industry in the United Kingdom is a dynamic and resilient sector that plays a vital role in meeting the daily needs of consumers. Characterized by a diverse range of products and services, convenience stores have become an integral part of the retail landscape. This market analysis aims to provide an overview of the key trends, opportunities, challenges, and competitive landscape within the convenience store industry in the UK.

Market Size and Growth:

The market for Romanian and Polish food stores in the UK has adapted significantly to cater to the diverse tastes of its population, including the substantial Eastern European community. Stores like Gusturi Romanesti, exemplify this trend, offering a wide range of products predominantly from Poland and Romania, alongside items from other Eastern European countries, Turkey, and the UK.

This store operates extended opening hours, catering to specific cultural preferences and needs.

This overview indicates a vibrant and growing market for Eastern European foods in the UK, serving not only the expatriate communities but also contributing to the UK's rich tapestry of international cuisine.

FURTHER INFORMTAION

Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.

For more information please contact us.