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Counter News, Tobacco, Soft Drinks, Sandwiches Plus London Souvenirs for Sale

City of London, London
Status
FOR SALE
Advert ID
242639
Reference
C9128 / Rightbiz
Leasehold Price: £150,000
Annual Turnover: £416,000
WE ARE INFORMED the turnover averages £8,000/£9,000 per week in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,200 per week We understand the gross profit is in excess of 50%. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises Licence plus landlords' permission for the sale of wines, beers & spirits & obviously subject to obtaining the necessary Personal Licence.

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Location: City of London, London
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Advert Reference: C9128 / Rightbiz

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