Established nearly 40 years ago, the business for sale is a longstanding newsagents and post office in Hemel Hempstead in Hertfordshire.
Situated in a prime and busy high street location, the store often receives a high level of passing trade and footfall. The Post Office element of the business continues to draw excellent financials and contributes £18,000 to the turnover each year. The store also facilitates lottery tickets, greetings cards and confectionery.
Having established a solid base, the current owner is now looking to pass on this profitable platform to a new buyer who can build on the company’s foundations and elevate it to the heights of its potential. The business is now for sale on a leasehold basis and is only up for sale due to the current owner’s impending retirement.
Prime, busy location
Post office facilities
Superb annual turnover
Excellent profit margins
Huge scope for growth