| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,047 TIME(S)
BUSINESS REFERENCE : 8861 OX / RightBiz 8861 OX-OXFORDSHIRE-LEASEHOLD: £135,000-POST OFFICE & STORES | | | | | | POST OFFICE & STORES OXFORDSHIRE REF: 8861 OX ASKING PRICE: LEASEHOLD: £135,000 + SAV | | | BUSINESS LOCATION: | Undisclosed Oxfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | LEASEHOLD: | £135000 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is pleased to have
been instructed to offer to the market this
extremely well established post office and
village store wit excellent further potential.
Founded over 25 years ago, it has been in the
ownership of the current vendors for 5 years
and is only now being reluctantly offered for
sale as they wish to pursue an unrelated
business venture.
The business operates as a general store with
a two position post office and stocks:
• Ice cream and confectionery
• Stationery
• Soft drinks
• CD’s and DVD’s
• Cigarettes and tobacco
• Gift cards and wrapping paper
• Toiletries
• Books, toys, gifts and handbags
• Speciality products from South
Africa such as biscuits,
confectionery and dried meats
In addition, they also offer dry cleaning, film
processing, faxing and photocopying.
Customers are mainly drawn from the
surrounding densely populated residential
area as they are able to park free of charge
along the parade and in the nearby streets.
It has been confirmed that the post office is
being kept open.
Included within the post office remit is the
national lottery, cash machine, international
telephone cards and top ups. The post office
salary for the 2007/08 tax year was
£51,655.
The business, which is run almost totally on
management employs 1 full time manager as
well as 6 part time staff, who work a total
of 80 hours per week.
We are advised that stock at cost is
approximately £6,000.
REF: 8861OX
TRADING HOURS
Shop:
Mon – Fri: 9.00am – 5.30pm
Sat: 9am – 6pm
Sun: closed
Post Office:
Mon – Fri: 9am – 5.30pm
Sat: 9am – 12.30pm
Sun: closed
EXPANSION POTENTIAL
Although our clients have a successful
business, they consider that there is still
plenty of scope to increase both sales and
profits further by:
1. Opening earlier in the mornings and
later in the evenings and the post
office staying open all day on a
Saturday
2. Offering more lines such as beers,
wines and spirits and slush puppies
3. A New purchaser could work full
time in the shop or post office and
thus reduce the wage cost
considerably
4. The current lease has only 2 years left
to run, the post office has intimated
that should they move to a nearby
more prominent and busy location,
they could be upgraded to a main post
office, which would mean a larger
salary.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
PO Salary: £51,655
Annual sales: £80509
Gross Profit: £14985
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
Ground floor lock up premises which briefly
comprises of the following:
Ground Floor
• Single fronted with side entry door
into the main sales area
• Counter on left with lottery
terminal, cigarette gantry to the rear
• Large confectionery selection on
wall displays
• Central gondola, gift cards and
wrap on the right
• Rear 2 position post office with
combi till
• Rear stores, kitchen and w.c
• Exit with 2 allocated car parking
spaces
• The premises have the added
security of being alarmed (Redcare)
and having CCTV (2 cameras)
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 2 years
Review every: 3 years
Rent: £6600 per annum
We are advised that the annual business
rates are currently: £880
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8861 OX / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
