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#Business ID: 18433

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Newsagent & Convenience Store

Business Location: Manchester, Wigan, Lancashire, England

Asking Price: £ under 100k Revenue: £ 100k to 250k Cash Flow: £ 250k to 500k

Business Summary

Est. since 1964 in a dense populated area and the present owner is working for 24yrs. It has newspapers, magazines, national lottery, pay point, free ATM machine. Extension is approved for front and back. It is opposite to school & nursery.
Lockup store,council lease rent only355/month. Scoop for off license. At present the business is open from Mon to Sat between 6am to 6pm, sun7am to 1pm. You can increase takings by opening longer hours.
In-post locker outside gets 120 pounds /month commission.
Taking 4000/wk. Great chance to increase.
Present owner is retiring.
value at 65000 +sav.
Will accept any genuine offer. There is a car garage at back.

Property Details

Size:

Main store size 500 sq ft

Years Established:

1964

Property Type:

Lease

FF&E:

£ 25,000

Inventory Value:

£ 15,000

Real Estate Value:

£ 40,000

Other Business Details

Business Location:

In big estate main road

Premise Details:

Main big store, office and stock room, small kitchen, wc garage at rear.

Competition:

Other end corner shop

Expansion Potential:

Approved for extension front and back

Planning Consent:

Yes

Business Operation Details

Employees:

4

Trading Hours:

6 am to 6 pm Mon to Sat 7 am to 1 pm Sun

Miscellaneous Details

Reason For Selling:

Retiring

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