Staff w.c. & wash hand basin.
Turnover : £6,000/£6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £900 p.w. We are further advised that an on line national lottery machine was installed in October, 2015 & this together with the sale of scratch cards is producing a commission we understand of £60 p.w. The business also has an agency for Hermes Parcel Service & we understand this is providing a commission of approximately £50 p.w. We are further advised that the sales for the period 7th July, 2014 to the 31st August, 2015 showed sales of £250,175 with a gross profit of £76,462 (including commission received of £1,511) and a net profit of £41,946.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000
plus STOCK AT VALUATION (£20,000/£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 5.30 a.m. - 2 p.m.
Number of Employees:
At present operated by the vendor's son with the assistance of family help. 4 morning newsboys. Delivery charge £1.90/£2 p.w.
Situated in a parade, main road trading position, office plus residential area, ESSEX
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