Completed sale
How Brooms Express Retail & E-commerce Was Sold to private buyer | Transaction Overview
Brooms Express is a well-established freehold convenience store ideally located on a busy main road in Cannock. The shop benefits from high levels of passing trade, which is supported by a loyal client base, this results in a high weekly turnover.
The shareholders of Brooms Express approached Knightsbridge with the sale of their business in order to facilitate their retirement plans.
The opportunity proved highly popular with 19 interested parties identified and two offers. The final offers came from a private individual, who intends to run the business as a family business.
Knightsbridge Operations Director, Leanne Boulding, advised Brooms Express throughout.