Asking price: £360,000

Sales revenue: £283,000

Net profit: £26,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
With its village location, just outside Rugeley, this business has been an important aspect of the community for nearly 50 years. The detached property offers modern accommodation and a thriving business but also a quality of life gained only in such semi-rural locations as this.

The store operates mainly as a newsagents and tobacconists with only a small supply of convenience goods sold. 12 daily news rounds ensure a large customer base. Car park spaces outside and the Post Office next door ensure a good footfall.

There is a great opportunity for a new owner to expand the opening hours, range of convenience goods, apply for an alcohol licensce and introduce paypoint/payzone facilities to increase turnover. Sales space can also be extended into the rear of the premises whilst maintaining ample living accommodation upstairs. The large rear garden is just a bonus on this type of premises.

Turnover for 2008 was £283,000

Please contact below for full details.

Years established: 50

Employees: 2 part time

Trading hours: Monday - Saturday, 5:30am - 6pm Sunday 5:30am - 4pm

Property: Freehold

Living accomodation
The living space gives a kitchen, large lounge and toilet downstairs whilst there are 3 double bedrooms upstairs. A 4 bedroom/study and recently refurbished family bathroom are also upstairs. The standard of finish throughout the living accommodation is good.

Location
The village of Armitage, just outside Rugeley in Staffordshire.

Expansion potential
Extended hours, an alcohol licence and an improved range of stock are all options to increase revenue.

Competition / Market
There is no competition within the village

Support & training
A full handover can be negotiated.

Reasons for selling
Our client has full time work commitments which do not allow him to capitalize on this business.

Financing available
The Business Partnership work closely with a number of financial organisations who specialize in raising funds for business purchases. Please let us know if you would like to get in touch.

Related documents

		Sales Particulars C1144

<< Back to businesses for sale list