Convenience Stores for Sale - Sell Your Store for Fast Cash Now
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Are you thinking about putting your convenience stores for sale soon? Or maybe you have already put your store on the market, and are finding that the viewings are rather thin on the ground? Either way, an unfortunate fact of the market at the moment is that buyers of convenience stores for sale, or of any commercial property, have their hands tied at the moment.
Hanging over anyone considering taking up a convenience store for sale is the looming threat of the 'double dip' recession. We've all experienced effects of the first credit crunch recession, and the fall in custom it bought in its wake. Now there appears to be a recession on the horizon - bought on this time by government cutbacks, rising VAT, and worries that governments are not able to handle their growing debt.
That threat means people are wary of taking on a business that may have problems if another recession does hit. Buyers also have the sticky problem of getting commercial loans from banks- and they are still being very tight with the credit they extend. It's probably not surprising that you may find it difficult to sell convenience stores for sale at this time.
So who should be handling your convenience stores for sale in these tricky conditions?
A businesses estate agent is who most sellers turn to when they want their business property sold. Or if you are looking to sell just your convenience store business, you might ask a business transfer agent to help. After all, these agents may have been in your local market for a long time, and probably have a good deal of experience.
But there are plenty of problems that may trip you up off loading your convenience stores for sale if you take the agent route. Agents are mainly looking out for their own interest - which means their fees. And those fees can be high, up to 2% of the cash you would receive for your convenience stores for sale. Because of this, they may try and push a sale on you, at a price which is far from fair. Or if your business doesn't look saleable enough, they could even refuse to take you on in the first place.
Agents also have the problem that they can only sell where there are buyers - and because buyers are few and far between at the moment, the agent will struggle to match a buyer for your convenience stores for sale - the process could drag on longer than the time you have to play with. Or the sale could just never happen.
Fortunately there is another option. You can forget the fees, and the hassle, of middle men, and let SellMyCommercialProperty buy your business or property direct. We are looking for businesses and property to buy across the UK, and that includes convenience stores for sale.
SellMyCommercialProperty are an investment company with considerable funds looking to buy all types of business - we can move fast, making an initial valuation within 48 hours, so we can make sales happen quickly. We pay, in cash, and at a very fair price, all with no agency fees or commission. So call us at SellMyCommercialProperty today - your convenience stores for sale can be cash in your hand sooner than you think.
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