- Listing ID: 776745
- (Seller ref: CO-782)
Fantastic Newsagents In Tenerife For Sale
- Location:
-
- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
- Category:
-
- Retail
- > General
- > Newsagents
- Type:
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Summary
- Asking price:
- €95,000
- Sales revenue:
- < €500k
- Cash flow:
- < €250k
- Years established:
- 10 years
- Employees:
- The 2 owners run the business.
)
Business description
This is a gem of a business! It´s a long established, extremely profitable newsagent shop situated in a busy tourist area with low overheads.
After 10 long but very profitable years, the owners now wish to retire. The day time only hours mean this would be an ideal business for a couple working hands on. Till rolls, accounts and invoices are all available showing an average monthly net profit of €4,000
Property information
- Real Estate:
- Lease
- Lease terms:
- A monthly rent of 1,200 euros is payable six months in advance.
- Location:
- Situated on a small commercial centre close to lots of holiday and residential apartments.
Other information
- Competition / Market:
- There is little competition in the immediate area.
- Reasons for selling:
- The owners have reached retirement age.
- Trading hours:
- Day times only.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
- Retail
- > General
- > Newsagents
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