Altius has successfully completed the sale of Rosetta Road Stores, a well-established dual-site licensed convenience store business in the Scottish Borders, to a new entrant, achieving a sale above the asking price.
Rosetta Road Stores has built a strong reputation within its local communities, providing a wide range of convenience and licensed products supported by consistent customer demand throughout the year.
The business benefits from strong supplier relationships and well-developed operating systems, supporting its continued success and providing a strong platform for the new owner to build upon.
The convenience retail sector continues to demonstrate resilience, with independent stores remaining highly valued by buyers due to their local presence, loyal customer bases and important role within the communities they serve.
Following a successful sales process led by Deal Executive Tom Waite, the transaction completed nine months after instruction, with Rosetta Road Stores selling above the asking price.
The successful completion highlights Altius’ continued ability to support business owners through the sale process, connecting established businesses with motivated buyers and delivering successful outcomes across a range of sectors throughout the UK.
Tom Waite, Deal Executive at Altius, said:
“This was a fantastic business with a strong local presence and excellent operational foundations. We’re delighted to have delivered a successful outcome for our client and wish the new owner every success moving forward.”