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News, Confectionery, Tobacco, Soft Drinks Plus On Line National Lottery for Sale

Undisclosed, Lincolnshire
Leasehold Price:
£135,000
Status
FOR SALE
Advert ID
211807
Reference
C8949 / Rightbiz
WE ARE INFORMED the turnover averages £25,000 p.w. (including approximately £7,000 p.w. National Lottery sales) in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence & indeed with additional opening hours. Wholesale newsbill £5,000 p.w. We are advised that the gross profit is in the region of 14%. We are further advised that the gross profit year ending 31st May, 2016 showed £181,000 (including commission received of £21,000 in respect of the sale of on line national lottery tickets plus scratch cards).Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Seller Details
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Listing Details
Leasehold Price: £135,000
Tenure: Leasehold
Location: Undisclosed, Lincolnshire
Sector: Newsagents
Financials
Annual Turnover: £936,000
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