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News, Confectionery, Tobacco, Magazines, Greeting Cards, Stationery, Soft Drinks, Full Free Off Licence for Sale

City of London, London
Leasehold Price:
£75,000
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Status
FOR SALE
Advert ID
198672
Reference
C8865 / Rightbiz

Details

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £750 p.w. Gross profit 22% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £200 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w. The business also has Paypoint including Parcel collection & delivery service providing a further commission of approximately £110 p.w. The business also has Western Union which we understand provides a further commission of approximately £50 per month. In additon the business has phone card sales which we understand provides a further revenue of approximately £50 p.w. As will be appreciated the total commissions received at the present time is in the region of £21,700 p.a.Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £75,000
Tenure: Leasehold
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £208,000
Listing Statistics
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Disclaimer
The data showed regarding this advert 'News, Confectionery, Tobacco, Magazines, Greeting Cards, Stationery, Soft Drinks, Full Free Off Licence for Sale - C8865 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.