This very well-established business has been under the same ownership since 1980, and is run by the current owners with assistance from one part-time employee and weekend staff. The business currently sells newspapers, magazines, tobacco, stationery, cards, soft drinks, sweets & snacks, a selection of convenience goods and also has national lottery facilities. The weekly news bill is approximately £1,750 and there are 7 newsrounds. Opening hours are: Monday to Saturday: 5.30am - 6.00pm & Sunday: 6.30am - 12.30pm. New owners may wish to consider introducing an off licence and/or extending the current opening hours.
The most recent accounts show Annual Sales of £315,207 with a Gross Profit (including commissions received) of £79,930. Net Profit is £47,088. The shop premises and residential accommodation are held on a 10-year lease at a current annual rent of only £6,500.
Leasehold £89,950. Ref: T27056Z
Full sales details available at www.emfgroup.com
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