Well Established Self Service Convenience Store for Sale
Leasehold : £ 110,000
Turnover : £ 11,500 p.w.
Situated in a parade, sought after residential area, WARWICKSHIRE
Turnover: £11,500/£12,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit we are advised 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of between £50/60 p.w. The business also has Payzone. The business also has an external ATM machine & we understand the vendor receives a rental of £5,500 p.a. In addition a certain percentage from the useage of the machine by customers. We are further advised that the sales year ending 31st March, 2013 showed sales of £588,582 with a gross profit of £117,897 including commission from the ATM machine, lottery commissiion & Payzone of £5,575.
||TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 or near offer plus STOCK AT VALUATION (£25,000/£30,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT