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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


