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Well Established Self Service Convenience Store for Sale

Warwickshire

Leasehold : 95,000
Turnover : 11,000 p.w.

Situated in a parade, sought after residential area, WARWICKSHIRE

Turnover: 11,000p.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.

Tenure: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (25,000/30,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
 
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449 Advert ID 44035    Sellers Ref : G7031/BSOL

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