FOR SALE
653789
For sale is a well-established newsagent located in Southport, Merseyside, presenting a fantastic investment opportunity.
With weekly newspaper sales averaging £2,500, this business has thrived for over 50 years, with the current owner operating it successfully for the past decade.
The well-stocked shelves boast a diverse selection of snacks, beverages, and essential household goods, making it a popular choice for local customers.
One of the key attractions of this newsagent is its strategic location. Nestled in a small village near a railway station, it benefits from high foot traffic, which is essential for attracting both regular patrons and passers-by. The shop's layout is thoughtfully organised to ensure an efficient shopping experience, allowing visitors to navigate easily through the offerings.
Key Features and Benefits
This newsagent comes equipped with a modern refrigeration unit, ensuring that chilled drinks and perishable goods are readily available for customers. Additionally, there is a robust potential for profitability thanks to the established customer base and local demand. The business stands out with no direct competition in the area, further solidifying its appeal.
Included in the sale are all essential fixtures and fittings, as well as compliance with all necessary regulations for alcohol sales. The premises are secure and enhanced by CCTV, providing a safe retail environment for both employees and customers. The annual rent for the leasehold property is £9,600, and the asking price for the business is set at £50,000, with a current turnover of £312,000.
Growth Potential and Support
While the business does not currently have an online presence, there is significant scope for expansion through digital marketing and online sales strategies. New owners will benefit from training opportunities provided by the current proprietor, ensuring a smooth transition and continued success. The newsagent's location in a residential neighbourhood enhances repeat trade opportunities, making it a viable venture for new operators eager to enter the retail market.
This newsagent is not just a business; it's an integral part of the community, offering convenience and a variety of products. With a solid foundation for growth and the potential for innovative development, this opportunity is not to be missed.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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