Buy a London West End Newsagent business for sale in London on BusinessesForSale.com

  • Listing ID: 908721
  • (Seller ref: T25350LN)

London West End Newsagent For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£105,000
Sales revenue:
Available on request
Cash flow:
Available on request


LOCATION AND DESCRIPTION Full location given to registered applicants only Lease: 10 years renewable from Jan 2005Inside 1954 Tenants Act No Break Clauses 5 yearly Rent review. Next review Jan 2010 Income: Min Shop Sales £6.000 Ave Gross Profit 25% £1.500 per week Min Lottery £1.800 Ave Commission approx £90 per week Min PayPoint £3.000 Ave Commission approx £40 per week Min Oyster £600 Commission approx £20 per week Total Gross Profit = £1.650 per week x 50 weeks = £82.500 Account Customers Average Income = £12.000 Gross Total Income £94.500 Expenses:
Rent: £30.000 + VATService Charge: £3.000 + VATBusiness Rates: £7.200 Electricity: £3.000 Accountancy: £1.200 Insurance & Alarm: £1.600 Basic Total Expenses £46.000 Net Income: £48.500 Opening Hours: Monday to Friday 7am 7.30pm Saturday 8am 4pm Sunday Closed Further Scope to Increase Turnover. SALE PRICE: £130000 For leasehold. goodwill & fixtures and fittings. Plus stock at SAV


Property:
Leasehold

For more information about this business for sale, click the Contact Seller button.


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