Prime Location Newsagents For Sale | | Tyldesley Manchester | | Graham’s Newsagents is ideally located, within the centre of a large residential area, benefiting from a communal car park shared with neighbouring businesses. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70357
ADVERT IMPRESSIONS : 6,458 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | ASKING PRICE: | £64,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Situated in Tyldesley within the Borough of Wigan; Graham's Newsagents benefits from a fantastic trading location, amongst a parade of complimentary shops, with ample car parking spaces from the communal car park. Situated within a densely populated estate, this business is exceptionally well positioned.
BUSINESS
Hilton Smythe Commercial are pleased to introduce to the market, Graham's Newsagents, which has been under the careful control of our client for the previous 6 years, and is now reluctantly offered for sale as our client pursues other interests.
The principal activities of the business lie in the sale of some convenience goods, greeting cards, tobacco and confectionary as well as newspapers and magazines. The business also benefits from having a payzone facility and National Lottery terminal.
There is further scope to extend the revenue of the business by introducing extended opening hours. The business could also benefit from the sale of alcohol, albeit at present, the business does not hold the relevant licences at present.
With strong retail sales of circa £5,000 per week and Lotto sales of circa £3,000 per week, Graham's Newsagents offers a fantastic opportunity for the discerning purchaser.
The business also benefits from a number of news rounds both morning, evening and Sundays'.
PREMISES
The main retail space is well fitted and presented, with all the expected fixtures and fittings. There is ample shelving along both sides of the premises and down the centre.
Towards the rear of the unit lies a serving counter, till point and lotto terminal, leading through to a storage space, office area and WC.
The business benefits from a number of drink chillers and chest freezers.
TENURE
Leasehold
8 Years Remaining
Original Length 15 Years
Rent: £2,900 per quarter
HOURS
The owner has observed the following opening hours:
Monday - Friday 6.00am to 6.30pm
Saturday - 6.00am to 7.30pm
Sunday - 6.00am to 1.30pm
STAFF
At present the business is owner managed and is assisted by 4 part time members of staff.
FINANCIAL PROFILE
Turnover is approximately £5,000 per week retail, £3,000 per week Lotto, £6,500 per week PayZone, with gross profits in the region of 25%.
GUIDE PRICE
£64,950 + SAV | | | | | | FOR SALE | | | | | REFERENCE: | 1025 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
