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8800LE LEICESTERSHIRE FREEHOLD: £549,000 POST OFFICE, NEWS, & CONV STORE

Asking Price: GBP 549000
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Business Location: United Kingdom » Leicestershire » LEICESTERSHIRE 
Category: Retail » Convenience Stores
Description:
Advent Business Sales are delighted to offer
to the market this extremely well established
post office/newsagent/convenience store,
which has been trading successfully for at
least 30 years.
The current vendor has been in ownership for
the last two years but has now obtained a
professional degree and wishes to pursue this
avenue of employment.
Due to its superb decoration, lay out and
offer, as well as its monopolistic position,
the total sales are increasing month on
month, giving the business total stability
and fantastic long term potential.
As well as every day items, the shop has an
ATM machine, Paypoint and Payzone. The
stock control is on EPOS and all newspaper
accounts are handled by software, keeping
the chore of billing to a minimum.
A new CCTV system is in place as well as an
automatic shop door for the convenience of
customers.
The husband and wife team staffs the
business.
 
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Financial Information:  
Annual gross sales: (GBP) 410000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2006
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: The husband and wife team staffs the business.
No of trading hours: Mon – Thurs: 6am – 8pm Fri – Sat: 6am – 9pm Sun: 9am – 2pm
Reasons for selling:
The current vendor has been in ownership for the last two years but has now obtained a professional degree and wishes to pursue this avenue of employment.
Market competition and expansion:
With its monopolistic position, both in post office work as well convenience goods, beers/wines and spirits and also newsagents and its positioning in a reasonably affluent area, the increasing turnover is hardly surprising. Add to this is modern, clean, well laid out appearance and the formula can only point to success. This is not to lose sight of the fact that it has a very generous family accommodation with garden and garage.
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