Retirement plans lead to the sale of successful business Mcdonnell Stores

Kings Business recently advised the sale of the successful business Mcdonnell Stores that is being sold due to the retirement plans of the owner, located in Bargoed, South Wales.

Having been under the previous owner since 1992, this well-known and heavily relied upon business has forged strong relationships with the surrounding community and therefore enjoys an extensive and loyal customer base.

This well-established convenience store is set in a prime position and is located a short distance from the town centre. It’s surrounded by a well-populated residential area meaning it attracts high levels of regular local and passing trade throughout the day.

Our client has only decided to sell this successful business due to their plans to retire. When asked about the sales process and whether they would recommend Kings Business they confirmed: “Yes, we would recommend. They provided us with good updates and were helpful pushing the sale through.”

The buyer of Mcdonnell Stores confirmed: “Good experience although it was a complex deal to get through. Very good service and therefore I would use Kings if we were to sell the business in the future”.

Experienced Sales Negotiator Stephen Croft confirmed: “I am very pleased for the vendor to have completed on this sale as he was keen to retire and to start a new project”.

Other recent success stories advised by Kings Business include Chatburn Convenience Store & Post Office and T & M Stores