Thriving Wine Shop and Off License Based in Framlingham, Suffolk
£65,000
£175,879
£29,907
Overview
Leasehold
2014
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Low Overheads
Established in 2014 and located in Framlingham, Suffolk, this business is a well-established wine shop and off-license serving the local community and beyond.
The business has grown steadily over the years, both in its physical location on the high street and through its online presence. Offering a diverse selection of wines, beers, and spirits, the shop prides itself on its reputation for excellent customer service, reliability, and value for money.
The premises, while compact at 50 square metres, are well-utilized to maximize product display and customer flow. Due to its size, the space is not suitable for conversion into a convenience store but is ideal for a specialty shop such as this one. Additionally, there is no accommodation or upstairs area included with the property, making it ideal solely for retail purposes.
The owner-operator oversees day-to-day operations with a part-time staff member, ensuring a high level of service and attention to detail. With minimal competition in the area and a strong reputation, the business appeals to new owners seeking a turnkey opportunity with significant growth potential. The owner is willing to provide a transition period as needed, and the business boasts a solid financial foundation with no outstanding debts.
This wine shop presents a unique opportunity for investors looking to acquire a thriving business in a desirable location with a loyal customer base.
Situated in an attractive two story red brick Georgian building, the Framlingham Wine Shop exudes charm and character. The shop front is approximately 10 metres front to back and the total floor space is 50sqm. The immaculate interior features wooden flooring, high quality shelving, and a well organised layout designed to showcase over 300 products. Customers can browse a curated selection of wines, beers, and spirits, with minimal overlap with supermarket offerings. The shop also includes a counter area, a display fridge, a storeroom, and restroom facilities.
The business also benefits from no rates
The business benefits from its prime location on the main road into Framlingham, with easy access and ample parking nearby. As the only independent wine shop within a 15 mile radius, it enjoys a loyal customer base of locals, regulars, and tourists, particularly during the summer months.
To further capitalise on its success, the Framlingham Wine Shop has several avenues for future growth. Increased marketing efforts, particularly through social media and website optimisation, could expand its reach and attract new customers.
Exploring opportunities to secure more wholesale accounts and extending operating hours, especially during peak seasons, could drive additional revenue.
Relocating to a more central location, such as the market square, might also enhance visibility and foot traffic.
Features
Key Information
- Sells Online: Yes
- Products Sold: Drinks - Alcohol
Reputation
- Google: 4.7
Online Presence
- Instagram: Yes
Location
- High Street Location
- Nearby Car Parking
- Limited Competition