 | Newsagents with Lotto For Sale West Midlands, United Kingdom Advert ref: trb.1332 FINANCIAL DETAILS | Asking price: £49,995 Sales revenue: £250,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership are pleasd to offer this busines, situated in a prominent position in the heart of a well respected Birmingham suburb, this newsagent and convenience store takes £4½-5,000 per week at an average GPM of over 20%. The National Lottery takes an additional £1,700 per week with Payzone and Western Union to supplement this which provide good commissions. The business retails news with one morning round and an average weekly news bill of circa £700, together with general convenience items from a traditional local store. There is considerable development directly opposite the store which will provide for a large commercial park which will bring in considerable new business to the area. This should be completed in 2009 and can only have a positive effect on the level of business.
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GENERAL INFORMATION | Years established: 20+
Employees: 2
Trading hours: 7.00am to 7.00pm
Lease terms
Leasehold – a new negotiable term lease at rental of £9,600 per annum is offered.
Location
This business is located in a prominent position on a busy road through this densely populated mixed residential land commercial area which provides good footfall. The neighbourhood is well respected and ideal for a family business. There is adequate road side parking available to the front of the shop, which is unopposed in the locality.
Reasons for selling
Other business interests
Related documents
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
