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High Street, Dudley, West Midlands, DY1

Offers in Region of
£125,000

£28.18 per sq ft

Business rates & charges may apply

Goodwins Business Brokers Ltd, Rotherham
SIZE AVAILABLE

4,435 sq ft

412 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and A2 Financial and Professional Services

A1, A2

Key features

  • Main High Street Location
  • Enviable Reputation
  • Extremely High Quality Fit Out
  • Turnover in excess of £400k PA
  • Impressive Net Profits

Description

Home Living - Dudley High Street

BUSINESS SUMMARY

Business Name: Super Saving Bargains Ltd
Location: Dudley, DY1 1PQ
Established: 2020
Type of Business: Discount Homeware Retailer

COMPANY OVERVIEW

The business is a well-established discount retail store located in the heart of the thriving town of Dudley. Known for its wide range of products and competitive prices, they have become a staple for bargain hunters in the community. The business operates a diverse inventory including household goods, toys, stationery, party supplies, and seasonal items in keeping with the main high street location.

The location of this business guarantees year-round trade.

SALE CONSIDERATION

The current ownership is offering 100% of the business for sale, including all assets and the ongoing business concern. The decision to sell is based on the owner's desire to focus on unrelated business interests. The sale will include all fixtures, and goodwill associated with the business and will be offered + SAV (stock at value).

FINANCIAL OVERVIEW

The business has shown consistent revenue growth over the past five years, with the last year's revenue totalling £400k and an EBITDA of £TBC. The business has a strong cash flow and maintains healthy margins due to its efficient purchasing strategy and loyal customer base.

HISTORY

Founded over 4 years ago by the current owner, they have grown from a small discount store into a key player in the local retail market. Over the years, the business has expanded its product lines and customer base through excellent customer service and strategic marketing initiatives.

PRODUCTS/SERVICES

Offering a diverse range of products, including but not limited to:

Home essentials and cleaning supplies
Hardware supplies
Office and school stationery
Toys and games for all ages
Seasonal decorations and costumes
Party supplies and gift items

MARKET

The business enjoys a broad market appeal, serving a wide demographic including families, schools, and local businesses. The market for discount retail remains robust, driven by consumer demand for value purchases.

OPERATIONS

The store is managed by the owner only, free from the tie of employees allowing an incoming operator to introduce their own team if desired. Operational systems are well-established, with a proven inventory management system and supplier relationships in place.

FINANCIAL INFORMATION

Detailed financial statements for the past five years are available upon request and signing a confidentiality agreement.

EXPANSION OPPORTUNITIES

Delivery: Implementing a delivery service to cater to the increasing demand for at home delivery services through directly employed staff or app orders.
Website: The business does not operate a website at present, which offers excellent scope to introduce an e-commerce platform to compliment the deliveries.
Click and Collect: Opportunities to introduce click and collect for both website and partner app orders.
Delivery Partners: Introducing the business to partner delivery apps which could increase scope in both sales and brand exposure.

PREMISES

The premises is a ground floor retail unit on an extremely busy shopping parade of retail shops, located on the main high street in Dudley. The ground floor has dedicated retail space, stock room, 3 x offices, 2 x kitchens and 2 x bathrooms.

The vendor has invested significantly in the property since inception with new raised access ceilings, LED lighting throughout and commercial grade LVT flooring throughout. The premises will be made available by way of a new lease at £30,000 per annum.

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

FURTHER INFORMATION

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.

Energy Performance Certificates

EPC

High Street, Dudley, West Midlands, DY1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tipton Station1.5 miles
  • Dudley Port Station1.7 miles
  • Coseley Station2.4 miles

About Goodwins Business Brokers Ltd, Rotherham

Phoenix Riverside, Rotherham, S60 1FL

Goodwins Business Brokers Ltd, Rotherham

Goodwin?s Business Brokers are the right choice.

We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.

Our founders Michael & Simon spent over 7 years building a health care business from zero to a £16M turnover business with over 700 employees, and the time came they decided the time was right to make an exit from this business and move onto another passion..

Everyone in our team have been previous business owners and have been

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Notes

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Disclaimer - Property reference GO2983. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodwins Business Brokers Ltd, Rotherham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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