Post Office and Convenience Store in Coventry sold to an Existing Buyer
Kings Business has successfully negotiated the sale of a Post Office and Convenience Store in Coventry, to an existing operator.
The post office is in a thriving and popular residential area of Coventry, located amongst many local businesses. After deciding to retire, the previous owner contacted the Kings Business team to manage the selling process of the property.
Stephen Croft, Sales Negotiator at Kings Business, took over management of the process. One of the key conditions of the vendor was to have the business pass on to someone already within the industry. Indeed, a focal element of the transaction was to manage the sale timely, so a new operator could meet the Post Office’s training timescale. Stephen succeeded in finding the perfect buyer for the flourishing enterprise, within the agreed time frame.
The vendor was delighted with the sale, as was the buyer. The buyer intends to consolidate the business for the foreseeable and to continue operating as a Post Office.
Stephen, Kings Business Sales Negotiator, commented on the management of the sale:
“I was very happy for the seller to be able to complete the sale of his business and to a suitable buyer. By working together, we completed the sale on time and in line with the Post Office timescales for training the new operator.”
Are you thinking of selling your business?
If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss.
Are you looking to buy a business?
Are you looking to purchase a business? The Kings sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at Kings Business have a wealth of opportunities that may be of interest to you.
Are you looking to buy a business?
Are you looking to purchase a business? The Kings sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at Kings Business have a wealth of opportunities that may be of interest to you.
