 | Town Centre Newsagents Ponytpool, South Wales, United Kingdom Advert ref: NA 135 FINANCIAL DETAILS | Asking price: £169,950 Sales revenue: £650,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer for sale this very busy town centre traditional newsagents with the advantage of a full lottery service and also retailing stationery, confectionery, cigarettes and greeting cards. The business has a further strong seasonal demand for fireworks. The lock up shop is very spacious and could suit expansion into other retail lines to complement the existing business.
The business operates 23 daily newspaper delivery rounds with a further 13 rounds on Sundays. The vendors employ a member of staff to organize and make up the rounds every morning. The business has no local completion, this being the only newsagents and newspaper delivery business in the area.
The business has the benefit of a high GP margin and low overheads
Operated by the vendors, two full time and one part time staff the business is easily managed.
Premises:
The lock up shop (approx. 750 sq ft) consists of an open plan design with the front of the shop dedicated to the newspapers, magazines, confectionery and tobacco, while the area at the rear of the shop is used as the stationery and greeting cards section. The business leases a photocopier machine for customer use.
There is a small storeroom, an office and a staff toilet.
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GENERAL INFORMATION | Employees: 2 full time. 1 part time
Trading hours: Monday to Saturday 6.30am to 5.00pm
Property: Leasehold
Lease terms
Leasehold 5 years remaining (renewable)
Rent: £12,000 pa
Rates: £6,000 per year
Location
At the heart of the town centre amidst a parade of mixed shops including high street national chain stores, the street is fully pedestrianised.
Competition / Market
No local competition for newspaper deliveries
Support & training
Handover training available
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The Business Partnership - South Wales | | | |
