| BUSINESS DETAILS: | High Street Convenience Store in Cheltenham - High Street, Convenience Store, in the Centre of a very afluent Cheltenham, located along the main High Street, this convenience Store has everything, charm, style, elegance, and a high profit margin, turnover, at last year ending, �699,590, it is predicted to be past the �1,000,000 mark next year, thus increasing gross profit, and net profit alike, The current Net Profit stands at �45,000, next year it is predicted to be around �75,000, Selling:- Beer, Wines, Spirits, Tobacco, Confectionary, Cold drinks, hot drinks, groceries, adding to that, there is a paypoint system, which is the only one in the area, thus increasing the foothold, the paypoint system, generates a turnover of �13,000, and is commission based, also there is a well known money transfer system installed again generating around �1,000 per day, or �7,000 per week, then there are the grocery sales of around �1,000 per day, and a minimum of �700.00 per day. The store currently has Newspaper contracts with the two main universities, generating around �700.00 per month, a newspaper delivery service could be implemented, which could generate a further �2,000 per month. The lease has around 8 years to run and is rolling, Rent is around �770.00per month |
