Convenience Stores for sale in South London

View the "CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE in SOUTH LONDON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Leasehold Price: £160,000 Weekly Turnover: £12,000
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Business Description
SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

We understand the business has been in the same family since 1977 & there are genuine reasons for sale.

SPACIOUS SALES SHOP in the region of 2,000 sq. ft. (including storage area), tiled floor, ceiling with inset lighting. Well equipped including modern shelving, counter, 2 tills with EPOS scanning system, 3-3.75m open cool display units, 2 glass topped chest display deep freezers, display gondolas, in-store bakery, CCTV system with 12 cameras, recording plus monitor. In addition there are 2 key cutting machines which we understand provide an additional income of £3,000/£4,000 p.a.

Stockroom
Staff w.c.

WE ARE INFORMED the turnover is currently in the region of £12,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £570 p.w. We are further advised that the gross profit is in the region of 21%. The business has a lottery machine & we understand the commission in respect of the sale of on line national lottery tickets plus scratch cards is currently in the region of £160 p.w. The business also has Oyster which we understand provides a further commission of approximately £200 p.w. The business also has Paypoint & Parcel Delivery Agency which we understand provides a further commission of £250 per month. The premises also has an external ATM machine which we understand provides a further revenue of approximately £600 per month. We are further advised that the sales year ending 31st August, 2017 showed £503,852 with a gross profit of £93,128 plus commission received of £32,137 providing a total gross profit of £125,265.

Tenure: Leasehold

Listed by: Nationwide Businesses Ltd

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F8037
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