Business Summary

Operating from two bright modern shops in the South West of the Island this relatively recent but extremely successful supermarket business model selling well known British Brands of food has taken these two resorts by storm.

Originally started from a shop unit in the resort of Santa Ponsa in under one year it spawned a second large double unit in Palma Nova and there looks to be no sign of stopping this Supermarket juggernaut any time soon !!

The 99 square meter fully stocked shop unit in Santa Ponsa has 10 Freezers, 2 Bottle Fridges, 1 Fridge Freezer, Shelving, Counter and Electronic Till System. There is also a further rear storage area carrying additional stock. The rental on this unit is 2000 Euros per month.

The 300 square meter shop unit in the busy resort of Palma Nova has 10 Freezers, 4 Bottle Fridges, 1 Walk In Fridge, Zebra Printer, Computer System With Printer, Counter, Electronic Till System and Trolleys. This large double unit is currently split with one half being used for storage and the other half for retail, although plans are to make both units retail space in due course. The rental on this unit is 3000 Euros per month.

All the required licenses are in place and the asking price is for the leases on the two shop units plus all stock, fixtures, fittings and goodwill. Also included are a Ford Transit Van and Renault Scenic Car.

The current owner is looking to sell these existing shops to expand into a much larger operation further up the chain of supply for these businesses and so will continue to be available to help and advise any potential purchasers.

Full figures are available during a viewing visit to genuinely interested parties but income is currently reported to be in the region of 500,000 Euros per annum.

The Santa Ponsa shop may also be purchased separately for 125,000 Euros which again includes all stock.

Monthly Rental Price: €2,000

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