Well-established off license sold to experienced buyer through Kings Business
8th April 2019
Kings Business are delighted to announce the sale of a Bargain Booze, in Staffordshire.
Receiving multiple offers whilst on the market, the established business boasted a prime location with no direct competition, resulting in an impressive turnover. With such healthy profits and potential for expansion, the established business was purchased by Mr Sivanathan who has substantial experience in the retail sector. Mr Sivanathan stated he was attracted to the opportunity by its location, price and potential.
Delighted with Kings specialist brokers, buyer Mr Sivanathan said:
“Adam was my point of contact throughout my business purchase. He was amazing throughout the whole process.”
“He kept me in the loop with regular friendly contact. I felt that he had a very unique ability to find solutions during the sale process keeping the interest of both the vendor and buyer.”
“Thanks for all your help.”
Lead Negotiator of the sale, Adam Hussain commented:
“I am delighted to have overseen the sale of this business.”
“The sale had been very challenging due to issues outside of our control however the persistence of all parties paid off.”
“I wish both parties all the success for the future.”