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Counter News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Full Free Off Licence Plus On Line National Lottery for

Undisclosed, London
Leasehold Price:
£53,000
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Status
FOR SALE
Advert ID
201912
Reference
C8880 / Rightbiz

Details

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £650/£700 p.w. Gross profit 18% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £95/£100 p.w. The business also has Oyster which we understand provides a further revenue of approximately £120 p.w. The business also has Western Union which we understand provides a further revenue of approximately £100 per month. We are further advised that the sales year ending 30th September, 2016 showed sales of £195,807 with an overall gross profit of £56,673 (including commission income of £16,677).Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £53,000 plus STOCK AT VALUATION (in the region of £30,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Seller Details
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Listing Details
Leasehold Price: £53,000
Tenure: Leasehold
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £286,000
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Disclaimer
The data showed regarding this advert 'Counter News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Full Free Off Licence Plus On Line National Lottery for - C8880 / 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.