Intelligent Business Transfer are delighted to offer to the market a well-established, independent post-office, convenience-store and newsagent, an icon of this Durham community.
This 14-year old business has embedded itself within the heart of this community and in the hearts of the residents, providing a (number of) first class service with an annual turnover of £728,000. With low overheads, this conveniently located store and post-office, supplemented with a comfortably sized first floor apartment, is a worthy investment.
Whilst the existing owners have built a successful and profitable enterprise there is still much room for growth. With new energy the store’s portfolio of products and services could easily be expanded. By working with a symbol group, specializing is supplying and outfitting convenience stores, new product lines and equipment could be added, such as a coffee machine. Advertising and marketing can be expanded to local newspapers and an internet site could be launched, offering, perhaps, online shopping and deliveries.
With the owners’ attention diverted elsewhere, they have retained Intelligent Business Transfer to help find a suitable buyer. They believe the business is ideal for an enthusiastic couple or family with fresh ideas, looking to build on an already successful platform, or for an existing store owner wishing to expand geographically and to add a Post Office. The owners have agreed to stay on for transition for a TBD timeframe.
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