Advert Details

Busy Leasehold Newsagents For Sale

Details: Asking price:£55,000; Sales revenue:£234,000; Net profit:< £100k; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: *Extemely well established Newsagents for over 35 years.
*Prime city centre location next to the market and many other complimentary businesses.
*Specialises in the sale of newspapers and magazines as well as sweets, snacks, soft drinks and tobacco.
*Enviable turnover increasing steadily and with good gross profit margins.
*Constantly high level of footfall.
*Scope to introduce a small dairy fridge to increase sandwich sales.
*Excellent business acquisition.
*Allowed trading hours - Monday to Saturday 7:00am to 7:00pm
*Weekly taking = 4.5k to 5k

General information: Years established:over 35 years; Employees: None; Trading hours: Monday to Saturday 7:30am to 5:30pm; Property:Leasehold; Lease terms:Council Lease; Location:Prime city centre location next to the market; Expansion potential:N/A; Competition / Market:There arn't any real threats to the business, it is in a prime location.; Support & training:one week training can be given on request, on purchase of business; Reasons for selling:Health reasons