* newsagent (papers And Magazines)
* off License
* soft Drinks And Confectionary
Leasehold : £ 90,000
Turnover : £ 8,500 p.w.
Gross Profit : 20%
A thriving estate shop in a very busy parade.
Key Financial Information:
Turnover: c. £450K pa
Gross Profit c. £75K pa
Commissions c. £17K pa
(Lottery and instants: 12.8K, paypoint 2.7K, cash m/c 1.5K)
Lease: £15K pa
Rates: £2.4K pa
Plenty of scope for improvement by increasing opening hours and range of goods/services on offer.
Reasons for Sale:
The owners have recently had a baby, and are finding it increasingly difficult to meet the demands of the business and family life.
||* 6:00 - 19:00 MON - SAT
* 7:00 - 14:00 SUNDAY
*can be increase.
||Staffed by the owners (husband and wife) and 1 part time sales assistant (20 hours).
||Leasehold, 99 yr Renewable. Over 3 years on current lease.