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Welll Established Mainly Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence for Sale

Middlesex, London
Leasehold Price:
£140,000
Status
FOR SALE
Advert ID
242451
Reference
C9124 / Rightbiz
WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400/£500 p.w. The business is agents for the sale of on line national lottery tickets & we understand this provides a commission of £50 p.w. We are further advised that the gross profit is in the region of 20%. We are further advised that the sales year ending 31st July, 2018 showed £476,483 with a total gross profit of £92,823 including commission received of £14,151 which we understand is on line national lottery plus scratch cards commission & commission received from Western Union.Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£30,000/£40,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £140,000
Tenure: Leasehold
Location: Middlesex, London
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £520,000
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Advert Reference: C9124 / Rightbiz
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