Busy Newsagents And Convenience Store In Birmingham For Sale

Price:

Leasehold - £129,950

Seller Ref:

0305

Location:

West Midlands

Business Type:

Food Service Businesses, Retail businesses, Service Businesses

See Other:

Fast food restaurants for sale in West Midlands
Convenience stores for sale in West Midlands
Newsagents for sale in West Midlands
Other service businesses for sale in West Midlands
Food service businesses for sale in West Midlands
Retail businesses for sale in West Midlands
Service businesses for sale in West Midlands

Description:

THE BUSINESS:

This newsagent is a well established and reputable business that has masses of potential to develop further.
Having been established for over 30 years and with the current turnover showing a healthy increase, it has proven to be a very successful
enterprise. There is little competition locally, and it is fast becoming a truly â??localâ?? store.
The store is fully licensed with a busy off license area, as well as selling newspapers, tobacco, sweets, toiletries and general grocery and
foods. The business also has a newspaper delivery and counter service of which it has 2 AM and 2 PM rounds.
As well as large numbers of passing trade, the business has a regular and steady income for its loyal local following. Many of whom travel
from outside the immediate area. There is free parking available outside the front of the shop alongside the busy parade.
The business is surrounded by a number of thriving independent businesses and the area is well known for its incredibly loyal customer
base.
The business has shown a very strong turnover up to date of approximately £15000 per week, which is approximately £1500 Payzone, £3000
Paypoint, £1800 Lottery and the remaining is a the retail sales.
The business premises have been recently refurbished to a very high standard in order to update the current fittings as well as provide any
new owner with an increased floor space which will inevitably increase turnover in due course.
The current owner does not maximise the opening times of the shop, and there is certainly room to increase the opening hours.
There is massive potential with this business and it is strongly believed that the business will increase its turnover further in the coming
months.
A WELL ESTABLISHED BUSINESS FOR 15 YEARS AND WITH THE CURRENT OWNER FOR OVER 6, A GREAT OPPORTUNITY WITH AUDITED
ACCOUNTS AVAILABLE ON REQUEST.