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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

Tenure: 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
 
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100 Advert ID 43640    Sellers Ref : C8389/BSOL

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