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Newsagents, Stoke on Trent
For Sale
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Description : |
The Business Partnership is delighted to present this successful newsagents, located in a densely populated area of Stoke on Trent, for sale.
Established for over 50 years and run by our client since 1987, the shop offers traditional newsagency, Lotto, Payzone, stationery, small amount of convenience, gifts and toys. There are 8 news rounds with a weekly wholesale bill of £2,300.
Located in a popular suburb of Stoke on Trent, the shop fronts onto a busy road with ample on road parking to catch passing trade. Rates are £1,191 p.a.
The first floor self contained flat is accessed through a separate entrance and offers a lounge, bathroom, kitchen and bedroom. Approximate rental income should be around £350 p.c.m.
Currently run by the owner and 3 part time staff, significant savings could be made on the wage bill. Extending the opening hours or amount of convenience stock offered could also develop the business.
Turnover (excluding Lotto and Payzone) is £6,400 p.w.
Gross margin 25%
Lotto averages £3,200 p.w.
Payzone averages £250 p.m.
Please ask for full details. |
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Trading Hours : |
Mon, Tues, Thurs, Fri, 5am-6pm
Wed, Sat, 5am-7pm
Sun, 5am-1pm |
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Staffing : |
3 part time |
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Accommodation : |
First floor self contained flat offering kitchen, lounge, one bedroom and bathroom. |
Request more information on this business for sale:
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