For Sale Polish Delicatessen

Polish Delicatessen in Balham London

Asking price: £85 000

Turnover: £500 000+

Net profit: available on request

Rent per Annum: £30 100

Established in September 2013 this business carries a range of quality ethnic Polish food products and ingredients.

This business is very profitable and attracts an extensive base of customers. The business has an impressive amount of repeat customers and constant new customers arriving on a daily basis which offers an enormous potential for further success of the business.

The business is being sold fully equipped and fully stocked. The business brings a very good income and it needs no financial input of your own, all the business needs is a new owner whom will overtake and earn profit right away.

Equipment

The business premise is well equipped and is fully stocked. Some equipment includes as follows: CCTV

Walk in fridge (for overstock)

Eposnow till system (which also connects to 2 weight scales on the meat department)

Card payment machine

Cake fridge

2 weight scales that connect with the tills

2 manual weight scales

6.3 metre fridge for items that need refrigerating

3 m ham/cheese fridge

1m50cm fridge for fresh meats

1m30cm vegetable fridge

1m40cm freezer

Spare fridge in the kitchen 1m x 1,5m

Card payment machine (contactless and pin and chip)

and also other items.

Customer Service

The business has a high quality customer service maintained throughout the years by keeping the customers happy and satisfied with stock always being available and providing them with the best customer service on the shop floor throughout.

Key strengths

The business has developed a reliable reputation and is much profitable, benefiting from having a Polish Church just opposite side which is the second biggest in London. This gives a great location and a customer base from the church being so popular. Very near there is an estate with 50 or so flats being taken by Poles. Also there is a Polish White Eagle Club which is a walking distance away (5mins) that is popular for events which is also helpful as this keeps the Polish community close by and benefits the business operating well. There is another Polish restaurant opening which is a restaurant serving polish ready made hot food which is 3 doors down from us this means even more potential customers for the business. All this is on the main high road of Balham therefore there is no shortage of customers. There is many loyal customers who constantly refer new customers to our business by which we keep gaining new base of customers. The business is also licensed for alcohol stocking which customers appreciate very much.

Property Information

Property: Leasehold

Lease terms: 10 year lease with the option to extend at the expiry date.

Currently there is 5 years left on the lease, however on the lease agreement it is stated that there is an option to lease further after the expiry of current lease agreement.

Marketing

The business has not used particular advertisement in the past. The best form of advertisement is and always will be “customer recommendations”. A lot of new customers come from our loyal customers who have been recommending the business to others which has maintained an excellent reputation since establishment. There is an immense opportunity to implement further and more advertisement methods to expose the business to an even greater customer base.

The business has a Facebook page where all sales and promotions on items are promoted. The new owner will have full access to this account which they will take over. The business has an almost ready online delivery shopping website which has a majority of the products already on it however the remaining stock still needs to be put on the website and the new owner can decide whether they want to continue to build the online shop which can potentially attract more customers and be even more profitable and there is no doubt that the turnover ad profits could increase largely using this additional medium.

Any interested parties please contact me for any further information you may want.