Newly Fitted Newsagents and Off Licence in Tyne and Wear for Sale with Weekly £6,000 Turnover
Undisclosed, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
19/10/23
- Advert ID
601391
- Reference
C9438 / Rightbiz
- Call Agent:
- Leasehold: £54,999
- Turnover: £312,000 (£6,000 Per week)
- Net Profit: Not Applicable
Business Details
Newsagents Plus Off Licence for Sale
WE ARE INFORMED by the owner the turnover currently averages £6,000 per week with a gross profit of 22% approx.. Wholesale newsbill £450 per weekWE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £90 per week approx.
PAY ZONE £10 per week approx. FEATURES:
Newly fitted 2021
DOUBLE FRONTED PREMISES in the region of 670 ft² with ELECTRIC SHUTTERS. Concrete floor, suspended ceiling with LED lights. Sales counter, EPOS till, cigarette drawer, modern adjustable shelving, 2-3m open cool display units, ice cream freezer, Monster fridge, Lucozade fridge. CCTV system (6 cameras, 1 monitor).
Stockroom
Toilet with w.c. and wash hand basin
Small Kitchen PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £54,999 plus STOCK AT VALUATION (£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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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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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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