Business Summary:
LOCATION
The business is prominently located in the heart of a picturesque village just outside Loughborough in Leicestershire, occupying a position in an affluent and popular Leicestershire village, with ample free customer parking and other complimentary shops close by.
The village is highly residential with two primary schools, a comprehensive school and a library. The business lies between Loughborough and Nottingham and is close to the M1 motorway and East Midlands Airport.
THE BUSINESS
Advent Business Sales is pleased to offer to the market, this well established post office and shop, which has continuance and has been trading successfully for several years.
The current vendor has been in ownership for the last 4 years and is reluctantly selling due to poor health in his family.
The post office consists of 3 positions Horizon units with a separate combi unit within the shop. Services and products include MVL’s, Euros/dollars on demand . There is also a thriving ATM machine.
The post office salary is approximately £58,000.
The shop offers newspapers and magazines, with 11 morning rounds 7 days a week and 1 evening round Monday to Saturday. It also offers stationery, greetings cards, photocopying/fax, early learning toys, confectionery, and soft drinks. The business also offers a collection agency for a dry cleaning/repair/alteration company worth approximately £1000 per month @ 10%.
The post office is monopolistic for a fair distance and provides excellent business banking facilities with good high customer turnover.
The standard of décor and fixtures and fittings are high and of a modern quality.
We are advised that stock at cost is approximately £10,000 – £15,000.
REF: 9110LE
STAFF DETAILS
The business is run by a team consisting of a husband and wife, 1 full time and 1 part time staff.
TRADING HOURS
Shop
Mon to Friday: 6am to 5.30pm
Saturday & Sunday: 6am to 12:30pm
Post Office
Mon to Fri: 9.00am to 5.30pm
Saturday : 9.00am – 12.30pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £138,112
Gross Profit: 30%
P/O Salary: £58,000 per annum
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The property is a single storey building with a doorway to right hand side. The approach is sloped for wheelchair access.
The post office counter is across the back of the building with a general sales counter to the left hand.
The shop is fully equipped with shelving to the walls and free standing two sided shelving in two rows in the main body of the building.
External
• Paved to the roadway on 2 sides
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