Business Summary:
Advent Business Sales have been
instructed to offer for sale this
extremely well established business
that has been trading successfully for
the last 19 years when the vendor
started the business.
Ill health and retirement plans now lead
to an excellent opportunity to acquire a
very profitable business.
Our client operates on the grounds of a
traditional newsagent, offering the
normal goods and services including:
„h Cigarettes and tobacco
„h 4 ¡¥am¡¦ and 1 ¡¥pm¡¦ news rounds
„h Greetings cards & wrapping paper
„h Large extensive trade in magazines ¡V
more than WHS (according to the
vendor)
„h Soft drinks
„h Sweets, crisps & confectionery
„h Small range of stationery
„h Batteries
„h Lottery
Our client also has a San Marco photo
processing unit which brings in a healthy
trade ¡V upgrading to a digital system
which would lead to further increases in
trade.
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| Year
Business was Established: 1989 |
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| Number of Employees:
1PT |
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| Facilities / Terms of Lease:
Leasehold/Renewable
Current Lease: 24 years
Lease Remaining: 5 years
Review every: 3 years
Annual Rent: £20,027 |
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| Potential
Growth/Expansion:
The business would benefit substantially
from a refurbishment. In addition,
hours could be increased and an alcohol
licence applied for. Closing later on
Wednesday¡¦s and Saturday¡¦s would take
advantage of Lottery sales.
More chillers, cabinets, racking and
more convenience items and stock would
lead to further net profits. |
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| Reason for selling:
Ill health and retirement plans |
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Seller Reference Number: 8016LE
BusinessMart.com Listing Number: 48314 |
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To request more information
on this business
please fill out the form shown right 
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