Id2117 Freehold Licensed Newsagents Convenience Store In Peterlee County Durham For Sale | | Peterlee County Durham | | Sovereign Business Transfer is delighted to market this thriving Newsagents / Convenience store business occupies a highly visible roadside location on one of the busy main routes within the area and benefits from high volumes of passing trade. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56678
ADVERT IMPRESSIONS : 9,770 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | ASKING PRICE: | £199950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business has been under present ownership for over two decades and has operated from this location for even longer. The business has established an extensive and loyal customer base within the area during that time and offers a solid foundation for any potential buyer to build upon.
The Business currently generates retail sales of around £10,000 per week, plus commissions from Pay Zone & National Lottery which amount to a further £15,000 to £20,000 p/a giving an overall Gross Profit of Close to £100,000. The business also provides Newspaper deliveries with approx 8 morning rounds and 2 evenings although with a news bill of around £1,000 weekly this is only one small aspect of the business and could either be expanded or reduced to counter news depending on a new owners preference.
The business operates from a deceptively spacious mid terraced property and benefits from a good size sales area which has a range of good quality fixtures & fittings throughout.
Although the business already offers a superb variety of items including general groceries, newspapers and magazines along with a wide selection of beers, wines & spirits, we feel there is room to expand on the available product lines even further in order to offer even greater choice to its regular customers.
This successful and well established business which would ideally suit an energetic and hands on operative who can continue to expand the trade while continuing to drive this business forward increasing turnover and subsequent profits. | | | | | | FOR SALE | | | | | REFERENCE: | ID2117 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
