High Turnover Betting Shop Birmingham

Price:

Leasehold - £25,000

Turnover:

Seller Ref:

10632

Location:

West Midlands , Birmingham

Business Type:

Retail businesses

See Other:

Betting shops for sale in West Midlands
Retail businesses for sale in West Midlands

Description:

THE BUSINESS:

Operating since 1961 the betting shop is located in a parade of shops approximately 6 miles south west of Birmingham City centre secured on a 10 years lease from October 2005 subject to a review in the 5th year and with a rent of £3,400 per annum. Turnover for the year ending March 2011 was in the region of £470,000 with a gross profit of £104,340. The business is operated entirely under management with two full time managers and one full time cashier. The premise is fully equipped with the latest technology and all included in the asking price. The business would be ideal for an owner worker just employing a cashier. The purchase price is for the goodwill fixtures and fittings and the benefits of the unexpired lease.

Location Details:

Located in a very busy parade of shops including post office chemists Greggs the bakers Londis etc.

Lease Terms:

10 years lease from October 2005 subject to a rent review in the 5th year