Very Busy Discount Store

Price:

Leasehold - £34,999

Seller Ref:

2663MRL

Location:

East Sussex, St Leonards on Sea

Business Type:

Retail businesses

See Other:

Discount stores for sale in East Sussex
Retail businesses for sale in East Sussex

Description:

THE BUSINESS:

The shop is located in a busy shopping street very close to the train station in St Leonards on Sea. It is supported locally by number of independent retailers, catering outlets and professional services businesses.

BUSINESS
There has been a bargain shop in this location for at least 32 years and it has been in our client’s hands for the last 7. It is now available for sale to allow our client to pursue another business opportunity.

The shop sells a range of bargain household items, hardware, cosmetics, over-the-counter medicines, cards, toys, etc.
Sales for the year to May 2010 were £141,926 (excluding VAT) producing a gross profit of £45,524 - a gross profit margin of 32%. There is scope to increase sales by adding groceries and / or papers and opening later and on Sundays.