• Turnover £253,294 plus lottery and paypoint, EBITDA £44,121
• Located on a community housing estate within the town, with excellent support from the locals
• Excellent scope and potential to expand or diversify
This is a highly profitable and thriving newsagents and convenience store. Turnover for 2014 is £253,294 with an adjusted annual profit of £44,121 plus health lottery and Paypoint, with excellent scope to increase. Highly profitable rural opportunity. Leasehold Ref 43693
An excellent opportunity to purchase a highly profitable and thriving lock up business within the rural town of Aberdulais, Neath. The vendor has owned Aberdulais Family Fayre for 4 years and the location has been a newsagents/convenience store for over 30 years prior and is only offered for sale due to semi retirement by the owner.
Located on Ger-Tr-Afon, and serving the local community of Aberdulais the business property is owned by the housing association and therefore offers a rental of only £45 PCM.
The business is run by staff on behalf of the vendor and offers excellent scope for the owner operator, the shop is a central busy focal point on the estate. Selling a large range of newspapers and magazines, a small convenience foods section, cards and stationary, confectionary and drinks along with other diverse products. The mainstay of the business is the convenience store, alcohol sales and cigarettes.
The business currently does not offer deliveries of newspapers but receives constant requests for this therefore there remains a huge scope to do this.
As the vendor runs the business with full and part time staff, he restricts the opening hours, therefore, scope remains for the new owners to extend the hours if required.
Currently the business turns over in the order of some £253k and this is growing annually, with current adjusted profitability in excess of £44k per annum the business offers an excellent opportunity to live in a delightful rural setting but still within easy reach of major cities such as Swansea and Neath.
The business offers an excellent opportunity as rent is an astonishing £45 PCM and no business rates and benefits from a full EPOS system.
The business is a lock up shop offering excellent scope to develop further, to diversify and extend the hours and is available with a new lease and low rental. This represents an excellent opportunity to purchase this thriving little business.
Summary. An excellent opportunity for a first time business owner, or seasoned business person, to acquire a highly profitable business like Aberdulais Family Fayre, with the potential to support a lifestyle in a beautiful area of the country. Viewing is highly recommended to appreciate the scenic area and lifestyle opportunity offered.
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