| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 5,654 TIME(S)
BUSINESS REFERENCE : PARK / RightBiz UNIQUE NEWSAGENT, GIFT & PHOTOSHOP | | | | | | Highly profitable sales; cards, stationery, toys, gifts, drinks, Lottery & Scratch cards. Photo lab & photo accessories. £2600 wkly newsbill, the largest independent magazine stockist in Worcester & twice national ave. lottery sales for an independent. | | | BUSINESS LOCATION: | Worcester Worcestershire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SELLER: | Private Sale | LEASEHOLD: | £176,900 | ANNUAL RENT: | £10,000 | | | | | | | | | | | BUSINESS DETAILS: | Est. 1947 but now with the very latest technology & smart quality premises & friendly, efficient well trained staff.
Total 7 staff, all part time, plus myself working 34.5 hours, gives room to reduce the wages bill.
There are 3 morning rounds, 3 evening rounds & 4 Sunday rounds with room to increase. In addition a highly sucessful Shop Save system with 350 current customers.
It benifits from free 3/4hr parking immediately outside the 25ft frontage. It is sited in a street of shops of various kinds & a number of schools & univertity. The sales area is approximately 1225 sq ft (114sq m), with a good sized store room, office, & staff toilet, total 22 ft 4" X 14ft, plus external rear utility area.
Trading hours;
Monday, Tuesday, Thursday & Friday 5.45am - 7.00pm
Wednesday & Saturday 5.45am - 7.30pm
Sunday & Bank Holidays 6.30am - 1.00pm
Fixtures & Fitting;
Well fitted throughout with highly valuable inventry of equipment included in the sale. The following all purchased in the past 4 years;
Original cost
AGFA mini lab 101.d £69,912
EPOS CTN Three Till System £12,000
AGFA Digital Image Box £1,500
Sony film scanner £2,000
Photographic Imaging Software £699
Advertising Screens & computer x2 £1,230
Wall mounted aircon £1,500
Magazine Racks £1,128
Newspaper Cube £600
Serving Counters x2 £800
Open display chiller (recon.) £450
ADT Monitored alarm system £450
4 Camera Digital CCTV system £480
Mobile Aircon unit £250
Oil heaters x2 £192
Financial;
The last two years accounts show average sales of £471,021. Gross profit for year ending May 2007 was £107,176 (23.3%) together with Lottery & Mobie Top-up commission of £11,318 making total gross profit of £118,494.
Tenure, Rent & Rates;
Leasehold - 9.5 years remaining. Rent £10,000 per annum. Rates £5290 per annum. | | | | | BUSINESS STATUS: | FOR SALE | | | | | CONTACT: | Confidential Sale | | TELEPHONE: | Confidential Sale | | REFERENCE: | PARK / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
