Mehboob Alam Village News & Food Store, based in Prestwich, has been sold to a first-time buyer, advised by Kings Business.
The store is well-established and popular with the local residents in Greater Manchester and has an excellent reputation amongst its clients due to its proximity to Manchester City Centre.
The vendors have successfully run this business, amongst others, for 20 years. Because of this, the business benefits from little competition in the local area and enjoys regular custom.
The vendors have brought the shop to the market as they wish to retire after running a thriving business.
Kings Business were instructed to advise the sale and their marketing campaign generated a large amount of interests as the vendors received 4 strong offers.
Village News & Food Store has been sold to a first-time buyer who has experience within the industry and plans to continue to run the store as a family business whilst growing the business and its sales.
Upon completion of the sale, the vendors said: “Lauren was on hand to help and provided us with updates throughout. We appreciate the help and support given and Lauren’s help. Really pleased with the service received, thank you Lauren”.
The buyer said: “I am happy with the service we received, and we appreciate the help given during the sale. The business is in a great location and exactly what we were looking for as it’s well suited to our needs. We intend to grow the business and its sales and we will use Kings again to help purchase more businesses”.
Sales Negotiator Lauren Lees said: “I am really pleased for both our sellers and the new owners following the sale of this business as we achieved a quick sale. Wishing them both the best of luck with their future”.
Discover businesses for sale by registering or logging in at BusinessBuyers.co.uk, an Altius Group site.