Intelligent Business Transfer are happy to have been instructed to find a buyer for a busy newsagent business that provides a service that’s in demand by the shoppers, workers and school children of this populous community.
Any potential buyer will be able to take over the business as it is, benefiting from the regular trade that has been built up over the years. But there are possibilities to grow profitability – possibly by expanding the stock selection or perhaps by extending opening hours– the shop is currently open from 8am-9pm weekdays and from 9am-9pm on weekends.
The business is owner operated (two staff) and with no advertising or promotions activities. It occupies a great location with little local competition and has become a popular drop-in destination for residents. Whatever the new owner decides, the existing trade and consistent weekly turnover will serve as a sound base for future development.
The vendor has run the shop for the last three years and has now appointed Intelligent Business Transfer to find a suitable buyer. It’s the perfect opportunity for another owner-operator looking for a sensible investment with potential for further growth and development. The vendor is happy to stay on for a short period to aid transition.
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