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Local convenience retailer

Reference
S7301
Turnover
£2m to £5m
Sector(s)
Retail & wholesale
Region(s)
South West England
Added
29 October 2020

Business description

The business is based in the South West and is in a prime location with limited competition. The business is well established, having been under the present ownership for almost 25 years. The business recently entered into a franchise agreement with the Co-op, running until 2029. The premises were fully refurbished in 2019.

The directors are seeking to retire from the business. There is an experienced management team in place and it is not anticipated that the buyer would need to be involved in day-to-day operations

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Forecast) 4,557 296

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