Business Overview:
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established post office and newsagent with excellent future potential.
Established over 60 years ago, it has been in the proud ownership of the current vendors for over 13 years and is only now being reluctantly offered for sale due to ill health.
The business operates as a newsagent with a two position post office and stocks:
Counter newspapers & magazines.
Cigarettes & tobacco.
Confectionery, ice cream and soft drinks.
Greeting cards & gift wrap.
Stationery and small toys.
The business has 6 morning rounds and 3 afternoon rounds for which customers are charged £3.00 per week.
Customers are drawn from the large number of nearby residential properties who are attracted by the convenience of the large and free of charge car park outside and around the shop.
It has been confirmed that the post office is to be kept open. Included within the remit of the post office is:
Lottery.
Paypoint.
Cash machine.
The post office salary is approx £35,000 plus commissions and the shop sales average approx £8,000 per week.
We are advised that the stock at cost is approx £10,000.
REF: 9062OX
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
A very attractive ground floor lock up property which is in excellent condition. Fully alarmed, CCTV and electrically operated roller shutter doors, consisting of:
Center door in to the main display area .
Twin door soft drinks chiller.
Newspaper & magazine racking.
Ice cream freezer.
Serving counter with glass fronted display under.
Cigarette gantry to the rear.
2 position post office .
Cash machine.
Tiled floor throughout, suspended ceiling.
Office to the rear.
Stock room .
External: Garage .
Market Competition and Expansion:
This ideal family run business offers excellent scope to increase both sales and profits further by:
Extending the rear of the shop to give a larger stock selection, many other shops of the parade have already done this and we think it likely that permission would be granted.
Open later at night as the business currently shuts at 6.00pm.
Sell different stock lines such as general groceries.
Financial Information:
We have been advised by the vendor of the following:
Weekly Shop sales: £8,000
Post Office Salary: £35,000 per annum
Commissions: £1,000 per month
Gross Profit: 22%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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