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AA005 -Newsagents, Off Licence, Tobacconist
Asking Price:
GBP 35000
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Business Location:
United Kingdom » Newport » Newport ,South Wales
Category:
Retail
»
Miscellaneous Retail
Description:
Newsagents, Off Licence, Tobacconist
Ref.AA005
Location Newport ,South Wales
Asking Price £35,000
A truly great opportunity to acquire an excellent Newsagents in a prime city centre location.
The business is located on one of the main high streets in Newport right in the heart of the retail sector and close to the main car park and shopping centre. It is therefore ideally located to attract passing trade and the footfall is very significant. It has established a small number of select trade accounts and supplies the needs of staff from local banks, building societies and estate agencies in the vicinity.
The business has been established for a number of years and has a strong regular trade and a friendly and vibrant atmosphere. Its turnover is enhanced by offering a Pay Pal service that takes around £90,000 per month. This turnover generates a commission but more importantly customers visiting the shop to pay a bill usually buy other items while they are in the shop.
The premises are well appointed and stock a wide range of goods from Newspapers and magazines to soft drinks, sweets, cigarettes and tobacco. The business is licensed to sell alcohol.
They have also introduced a fax and photocopying service that has proved very popular.
The shop carries circa £8000 of stock.
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
N.A.
Year Established:
2000
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
This business could easily be managed by a sole trader or a husband and wife team.
No of trading hours:
N.A.
Reasons for selling:
N.A.
Market competition and expansion:
N.A.
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