Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, On Line National Lottery for Sale
North London, London
Leasehold : £ 167,500
Turnover : £ 9,600 p.w.
Situated in a parade, shopping mall, N LONDON
Turnover: £9,600 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the Premises & Personal Licence. Wholesale newsbill £1,000 p.w. Gross profit 24% 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 £380/£400 p.w. The business also has Oyster which we understand provides a further commission of £320/£350 p.w. In addition the business has Paypoint which we understand provides a further commission of approximately £80 p.w. The business also has Western Union which we understand provides a further commission of approximately £450 per month. In addition there is a photocopier/fax machine which we understand provides a further revenue of approximately £400 per month. A further revenue of £250 p.w. from phone cards & international phone cards
||TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £167,500 plus STOCK AT VALUATION (£18,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT