 | Newsagents plus Lottery £10,000pwk.Town-Centre For Sale Worthing, West Sussex, United Kingdom Advert ref: MHSE4690 FINANCIAL DETAILS | Asking price: £114,950 Sales revenue: £530,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership offers for sale:
With an established record of strong turnover and profits, the sale of this thriving business offers buyers the opportunity to acquire a straightforward and reliable counter news operation in a busy town-centre location.
Sited within a busy arcade, these spacious premises are well presented and offer a straightforward mix of news, magazines, stationery and tobacco. In addition to these lines, the outlet enjoys strong sales of high-margin greetings cards, videos and DVD’s. The outlet achieves weekly lottery sales in excess of £6,500 and Payzone sales of £2,000. The outlet has, for the first time, secured a firework licence.
• Straightforward Operation
• £10,000 per week Takings
• Strong Profits
• Smart Town-Centre Premises
• No Newsrounds
Open from 8.00am until 5.30pm. The hours could be extended by incoming operators with the ambition to further exploit the potential of the business. Off-sales are also seen as a potentially profitable addition.
The rising t/o runs at £10,000pw + lottery. The strong news sales and well-designed product mix contribute to an excellent profit performance.
Well-established with a first-rate clientele, this excellent business will prove attractive to operators seeking a straightforward outlet with proven profits and clear growth potential.
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GENERAL INFORMATION | Years established: Many years established
Employees: owner + assistants
Trading hours: 7 days 8.00--5.30
Property: Leasehold
Lease terms
Lease, 17 yrs. Rent £21,500pa
Location
Busy arcade location in the centre of West Sussex’s largest town.
Expansion potential
Well-established with a first-rate clientele, this excellent business will prove attractive to operators seeking a straightforward outlet with proven profits and clear growth potential.
Support & training
Owner happy to offer hand over support
Reasons for selling
other interests
Financing available
Contact The Business Partnership-01903 601240
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The Business Partnership - Sussex | | | |
