Convenience Stores for sale in Tyne and Wear

View the "Established Newsagents in Boldon Colliary" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £172,950 Annual Turnover: £156,000
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Business Description


Intelligent Business Transfer is delighted to offer for sale this well established newsagents based in a traditional colliery village. With a local population of 14,000 , this store sees a high volume of daily sales.

They attract local business with their first rate, friendly service. They concentrate on stocking the products (particularly the newspapers and magazines), preferred by their customers.

In addition to the generous turnover seen by the shop, there is also the potential for revenue from the flat above if this is rented out, or it can be used as a home by the shop owners.

There is huge scope to grow the business. Opening hours can be extended, and additional services could be added. There is room to expand the shop footprint by renovating the store, in order to increase retail space.

This business may appeal to someone currently running a similar business, who may wish to expand into this area of the city, or to someone who wants to enter this industry with a loyal base of repeat customers, who is ready to inject new energy and investment of time in order to see this business develop.

The current owners are willing to stay on for a period if required, in order to help ease the transition to new management.
Number of Employees: 1

Tenure: Freehold

Listed by: Intelligent Business Transfer
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