Coastal Newsagents
Turnover: circa £550k
Adjusted Net Profit: circa £60k
BUSINESS SUMMARY
Business Name: Undisclosed
Location: South West, UK
Type of Business: Newsagents + Grocer
THE OPPORTUNITY
Prime Location: Strategically located in a high-traffic residential area of a select coastal town with excellent visibility on a major route to the beach/promenade with the benefits of coming with owners 3 bedroom accommodation.
Established Customer Base: A loyal and diverse customer base that values the convenience and quality offered from a traditional store.
Strong Financial Performance: Consistent revenue growth and profitability over the years.
Comprehensive Product Range: Well-stocked inventory catering to the varied needs of customers, including fresh produce, groceries, snacks, beverages, and household essentials.
Experienced Staff: A dedicated and skilled team that contributes to the efficient operation of the business.
FINANCIAL SUMMARY
The business benefits from multiple revenue streams, all of which are robust and consistent, providing a reliable source of income. The complimentary offerings below, bring a continuous customer base into the store offering opportunities for upselling and include:
- Lottery
- Payzone
- Cards and Gifts
GROWTH OPPORTUNITIES
This is a well-established business with limitless possibilities for an existing operator to bolt on, or for someone looking to enter the market with an established brand and customer base.
· Expansion into new locations.
· Product diversification to include alcohol sales.
· Enhanced digital marketing to include paid ads.
· Ecommerce platform introduction including SEO optimisation and click and collect.
· Increased opening hours
Or simply enjoy this unique and lucrative lifestyle offering with a new life by the sea with the added benefits of a separate owner’s 3 bedroom accommodation.
FURTHER INFORMATION
Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.
For more information, please contact us.
