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High Profit Off Licence In Neath South Wales For Sale

Neath, Neath Port Talbot, UK
Asking Price:
£50,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
£50K - £100K

Shop for sale in Neath town centre ( Around 8 miles from swansea/ south wales
> Shop for sale located in Neath town Centre (next to train station and in middle of pubs & clubs)
>We have been trading since 2010
>Average sale between 10-12k p/w (does no include lottery or paypoint)with high profit margin of 25-27% overall
> Our cigarettes prices alone start from 20% where as average shop cig price would start from 6-8%
> Long 10 year lease just completed ready to be assigned to next buyer
> Shop equipped with 7 metres remote deck fridges
> Shop has been run by full time staff for last 7 years
> Epos brand new tills installed
> Rent 20k per annum with no rates currently to pay (next rent review after 5 years)
> Cigarettes are sold at whopping margin of 20%, Soft drinks
and chocolates are sold at 45%-50% +
> Overall profit margin at 25-27%
> Licence to sell alcohol until 2am(No deals on alchohol given
to customer between 10pm-2am!!)
> Shop also has advantage of paypoint & lottery
> The shop could furthermore benefit from selling newspapers/mags, sandwiches, milk, parcels
> The shop also has a stock room to the first floor and one bedroom with shower/ toilet and small kitchen upstairs
> We have now reduced the asking price to £50k
> Reason for sale: Other business commitments

Please refer to the contact seller form below for more information.

Property Information

Property:

Leasehold

Lease Terms:

10 years but can be extended

Leasehold Rent:

£20,000 per annum

Location:

Shop is located in town centre

Size in square feet:
400
Planning Consent:

A1

Business Operation

Competition / Market:

N/a

Reasons for selling:

Other business commitments

Trading hours:

9am-10 pm Sun-Thu & 9am-2Am Fri-Sat

Employees:
4
Years established:
11

Other Information

Support & training:

yes

Inventory / Stock value:
£20,000

Contact Seller

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