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* newsagent (papers And Magazines) * off License * tobacco * soft Drinks And Confectionary * Paypoint * lottery  cash Machine  groceries  greetings Cards for Sale

Nottingham, Nottinghamshire

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
Prospects:
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.


Trading Hours: * 6:00 - 19:00 MON - SAT
* 7:00 - 14:00 SUNDAY

*can be increase.
 
Staffing: Staffed by the owners (husband and wife) and 1 part time sales assistant (20 hours).
 
Tenure: Leasehold, 99 yr Renewable. Over 3 years on current lease.
 
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1366 Advert ID 27927    Sellers Ref : Busy CTN with Off License/BSOL

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