High Wycombe Main Post Office & Convenience Store Up for Sale in Central Buckinghamshire
High Wycombe, Buckinghamshire
- Status
FOR SALE
- Date Submitted:
13/12/22
- Advert ID
505105
- Reference
VPO419BU / Rightbiz
- Call Agent:
- Leasehold: £275,000 (Stock at valuation)
- Rent: £30,000
- Turnover: £200,000 (£3,846 Per week)
- Net Profit: £99,000 (50% Profit margin)
Key Features
- Prime Location
- Adjacent to Multiple Retailers
- Accounts Available
- Town Centre location
- Established Business
- Fully Fitted
- Close to Local Amenities
- Retirement Sale
- Open Plan Trading Area
Business Details
BUCKINGHAMSHIRE MAIN POST OFFICE AND CONVENIENCE STORE FOR SALE.
This professionally run business in central Buckinghamshire combines a recently updated and refurbished Symbol Group retail shop with a high salary main post office.
The post office was purchased by our client in 2016, this busy main post office has 6 post office counters including two fortress.
With an adjusted net profit of £54,949 in March 2022, it was necessary for the owners to make a number of important decisions to reinvigorate this business. This they have done by investing in the refurbishment and taking on of the Premier branding the business forecast produced for this work shows a final weekly turnover of approximately £8,000 per week, after just a few months this is already at over £3,000 per week. A forecast for the 12-month period is provided and gives an adjusted net profit of £99,000 . This is based on one owner and staff with a total wage bill in excess of £38,000.
The business comes with a secure lease, renewable in October 2028 with a current rent of £30,000 per annum. The lease also includes a self-contained, first floor, 2-bedroom flat, which currently does not have a tenant and is used for storage, rental or use for staff could be investigated but some updating maybe required.
Viewing strictly by appointment only.
Price to include the goodwill of this excellent profitable, reliable and sustainable going concern, the current lease and the entire inventory of trade fixtures, fittings and equipment, our client will also provide any advice or assistance on handover if required.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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