 | Betting Shop Bookmakers Powys For Sale Powys, United Kingdom Advert ref: C1039 FINANCIAL DETAILS | Asking price: £79,000 Sales revenue: £587,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to be able to offer this established and very profitable bookmakers for sale.
Established for over 15 years and the sole licence holder with no competition in a large and growing market town. The main activities are horse, dog and football betting with Irish lottery also available.
The business has shown consistent revenue growth with turnover at £587k. Odds are provided by a national firm of bookmakers so little experience is required.
Opening hours are Mon-Sat, 10:30-5:30 although the licence allows for a 24/7 operation. Extending the opening hours, expanding the range of betting offered, more marketing activity within the local area and some improvements to the premises should all increase revenue further for a new owner.
The business is currently run by the owner and one part time cashier.
With no direct local competition, this provides and excellent opportunity for a new owner.
Please ask for full details.
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GENERAL INFORMATION | Years established: 15
Employees: 1
Trading hours: Mon-Sat, 10:30am-5:30pm
Property: Leasehold
Lease terms
357 sq ft lock up shop with counter. Rent £4,200 pa.a, rates approx £1,200 p.a.
Location
Located between the main supermarket and the high street and benefiting from high footfall.
Expansion potential
A wider variety of betting sports could be offered as well as taking full advantage of the 24/7 licence hours.
Competition / Market
This is the only licence holder for the town. There is no competition on the high street.
Support & training
A full handover will be arranged.
Reasons for selling
Owner wishes to follow a new career in teaching.
Financing available
Yes, please ask for details.
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The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire | | | |
