Leasehold Specialist Off Licence, Melton Mowbray

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The team at Phoenix Business Agents Ltd secured another victory in the field of business sales in December after working tirelessly to clinch the sale of a leasehold specialist off licence in Melton Mowbray, Leicestershire.

The team at Phoenix Business Agents Ltd secured another victory in the field of business sales in December after working tirelessly to clinch the sale of a leasehold specialist off licence in Melton Mowbray, Leicestershire. The property, which makes a yearly turnover of £353,000, found a buyer on the 3rd October 2011 and completed sale a matter of months later on 8th December.

Capitalising on their skill and expertise in the market, the Phoenix Business Agents sales team managed to arrange four viewings for the business before locating a purchaser. The current owners, who had been running the business since 2004, commentated that the “overall service of Phoenix Business Agents of Oxford was good, especially given that they found a buyer on the 3rd of October and completed the transaction soon afterward”.

Faced with the challenge of searching for a buyer while the business operated with over £60,000 worth of stock, Phoenix business transfer agents took a shrewd marketing approach highlighting the potential of the business and the lack of any real competitors in the area. According to the experienced sales team at Phoenix Business Agents, complaints from potential buyers over the inability to raise profit margin levels could be well remedied by increasing the product line and stock levels and increasing market activity with local and internet advertising.

According to the owners, Phoenix Business Agents’ marketing of the business, which provides specialist wines and other convenience products, was highly effective. “The business was widely advertised across a range of websites and we were very happy with the overall advertising methods including cash flow figures. The representative who came to see us, Mr Zulf Hamid, was a nice gentleman and very efficient at catering to our needs”.

For Phoenix Business Agents Ltd this small victory closes yet another successful year of operation despite a tough economic climate. “We were very relieved that the sale went through as quickly as it did from offer stage and that it was completed before Christmas”, said a member of Phoenix business transfer agents.

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