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Advert Details

Newsagent & Convenience Store For Sale

(Ref: H787)

Lincolnshire, United Kingdom

Financials

Asking price: £269,000

Sales revenue: £215,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
This business has been successfully traded by the same owners for over 33 years. It represents the heart of the community in this sought after village.

The owners are currently experimenting with mid-week openings to 8.00pm which seems profitable. New lines have been introduced with the aim of increasing the profit margin.

There is a new development of houses immediately adjacent to the shop which will also increase the overall turnover.

There is great potential for a younger, more enthusiastic owner to further improve the business.


FURTHER BUSINESS INFORMATION


• ATTRACTIVE LOCATION

• LONG ESTABLISHED

• RETIREMENT SALE

• CENTRE OF COMMUNITY

• NEW CUSTOMERS INTRODUCED

• TREMENDOUS SCOPE FOR INCREASE

Years established: 33 Years

Employees: The business is run by 2/3 people – depending on day

Trading hours: Mon to Fri: 6.00am to 8.00pm Sat: 6.00am to 5.00pm Sun: 6.00am to 12.30pm

Property: Freehold


Living accomodation
Separate entrance to the living accommodation. First floor • Kitchen • 2 double bedrooms • Lounge • Bathroom The living accommodation is currently let off at £70 per week.

Location
This business has been successfully traded by the same owners for over 33 years. It represents the heart of the community in this sought after village.

Reasons for selling
Retirement


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