THIS BUSINESS IS NOW UNDER OFFER

Highly Profitable Newspaper Delivery business for sale

Worcester, Worcestershire

Status

UNDER OFFER

Date Submitted:

21/05/21

Advert ID

277011

Reference

B06174 / Rightbiz
Asking Price: £125,000
Annual Turnover: £208,092
Business
Please quote reference B06174

Hilton Smythe is delighted to present to the market Beacon Papers, a very successful independently owned newspaper delivery business established by our clients in 2004.

The easily transferable business model is now being made available for sale due to the separation of our clients however they will ensure a full business handover is offered to ensure the smooth transition.

The business concentrates on the early morning delivery of National Newspapers only with the addition of supplement magazines at the weekend.

This is a 7-day operation, delivering to over 500 loyal customers, many of those elderly and unable to get to a local newsagent each day.

The core of the business’s success is the attention to customer service and knowing their customers, both of our clients work within the business daily and have their own delivery rounds to the same houses.

Currently the business has 30 rounds which is managed by our clients with the help of 6 delivery school children and one relief driver.

To ensure all papers are delivered by 8.30/9.00am, our clients made the decision to collect all their papers from the main newspaper depot at 3.00am. In addition to their garage, they have also developed some additional drop off locations (customers porches) where the delivery children can pick up from.  

We believe the key to the success of the business is the efficiency of how it is run, we are advised the sales turnover for 2020-2021 will achieve £360,000. This is an increase of £74,000!

Our clients admit they are constantly asked for other grocery essentials, such as bread and milk, potatoes, eggs etc. We would advise any new owner(s) to investigate the range of additional essentials they can offer to their loyal customer base to further boost sales levels.

Key Selling Points -

  • Highly profitable business model
  • Loyal (and growing) customer base of 700+
  • No advertising, website, or social media presence
  • Opportunity to grow - adding more delivery products, leaflet drop, adding local hotels & businesses to delivery round, expanding area
  • Handover period offered
  • Opportunity to increase current net profit levels with a slight increase in customer delivery charge.
  • The business hasn't done any advertising in over 10 years.


Location
The business covers the area of Malvern. 



Premises
N/A



Tenure
We are advised that the business is being sold on a Business Only basis. 



Hours
The business operates as followed:

Monday to Sunday 03:30am - 08:30am



Staff
The busniess has 6 Part Time staff members.



Financial Profile
We are advised that the business has generated a turnover in the region of £208,092, with a net profit in the region of £78,252. Full financials can be made available upon further request. 

Please quote reference B06174



Contact Agent
Advert Reference:
B06174 / Rightbiz
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THIS BUSINESS IS NOW UNDER OFFER
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