Cool Country Polski Sklep

AT A GLANCE

• Annual Turnover: £1,216,523
• Gross Profit: £444,610
• High GP 45% minimum
• Polish Grocery & Convenience Store - Old Trafford
• We are pleased to bring to the market this Polish and Eastern European Grocery and convenience store located in Old Trafford, Manchester. Having built this business on specialized food and drinks from around the world. Having established solid revenues over the years, there is still room to expand opening hours and take the business to the next level.
• Polish-European Convenience Store
• Manchester Established in 1982
• Annual Accounts 31 March 2024
• Annual Turnover £1,216,523 Gross Profit £444,610
• Fully Equipped & Well Presented
• Potential For Online Sales / Click & Collect
• Potential to Extend Opening Hours Beyond 10am-8pm, lots of sales came from rush hour!
• Hungarian/Romanian/Polish and Bulgarian Stock

Cool Country Polski Sklep was established by our client’s family in this densely populated area of Old Trafford in 1982. The business offers a wide range of European groceries, particularly focussing on Polish produce. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. The business is ideally suited to a hands-on owner-operator but sadly due to our client’s health issues, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level. Huge potential to introduce new lines to increase sales. Cool Country Polski Sklep occupies a main road trading position within a parade of shops. The area is densely populated both residentially and commercially with neighbouring businesses being mainly independent retailers. There are also a number of schools, sports centres, parks and other amenities nearby. The area is well linked by the M60 with very strong public transport links and parking is available in the immediate area.

Premises Details

Cool Country Polski Sklep operates from the ground floor of three converted mid terraced properties totalling over 1,200 square feet in size. The business has large branding and signage on display above a fully glazed frontage which is fitted with ramp entrance. Inside, the shop is very well presented and fitted with a range of refrigeration and freezer units, wall shelving and central gondolas. There is ample storage and stock areas to the rear with a large triple shop cellar, there is also a goods in area to the rear meaning no disturbance from deliveries. All areas are well equipped and presented nicely. The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

Financial Information

Cool Country Polski Sklep has traded solidly since opening over four decades ago and our client has established a strong repeat customer base. Annual Accounts to 31 March 2024, Annual Turnover £1,216,523 and Gross Profit £444,610. The business operates with eight members of staff in employment. The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new lease will be fully negotiated with our client. Full financial information is available upon request.

Fixtures & Fittings

Multiple Refrigeration Units Freezer Units
Shelving
Till System With Epos

Opening Hours

MON - SUN: 10:00 - 20:30
Potential to extend opening hours as the alcohol license is up to 23:00

Summary

This long-established business occupies an enviable trading position in a busy residential area of Manchester. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines, online sales, expansion of opening times and a strong marketing drive. A new owner may also look for delivery services or a click and collect service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.