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Counter News, Confectionery, Tobacco Slight Convenience Groceries, Full Free Off Licence for Sale

Undisclosed, London
Status
FOR SALE
Advert ID
253318
Reference
C9203 / Rightbiz
Leasehold Price: £45,000
Annual Turnover: £260,000
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £250 p.w. Gross profit 24% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission on average of £70 p.w. The business is also agents for UPS & Wish Parcel Service & we understand this provides a combined income of approximately £280 per month. The business also has Oyster which we understand provides a further commission of approximately £30 p.w. In addition the business has Western Union Money Transfer which we understand provides a further revenue of approximately £150 per month.Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£10,000/£12,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Location: Undisclosed, London
Sector: Newsagents, Off Licences
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Advert Reference: C9203 / Rightbiz

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