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Long Running Newsagents In Leicester For Sale

Leicester, Leicestershire
Asking Price:
£425,000
Turnover:
£479,964
Net Profit:
£16,643

Intelligent Business Transfer are delighted to bring to the market this
highly-regarded convenience store which has successfully become a wellknown

fixture within the local community. The business enjoys year-round
sales and prides itself in offering a friendly service and high quality
products to its loyal clients.

Established in the 1940s, the current owners took over operations in 1980
and continued to grow the business forward, last year generating an
annual turnover in excess of £479,000.

A new owner could step in and apply a few changes to increase this figure
and truly benefit.

Firstly, increasing the product range could effectively cater for more
customers and bring in higher revenue. Offering cafe-style hot food and
drinks in the mornings could attract commuters.

Employing more workers would better allow the store to operate a 24/7
work schedule and would bring in a wider range of customers overnight.

Obtaining an alcohol licence would also be beneficial and it could
effectively attract more customers through selling an assortment of wines,
beers and spirits.

Carrying out more advertising via leaflet dropping would also attract
further patronage and it could look to expand the number of services it
provides.

Intelligent Business Transfer has been tasked with finding a suitable buyer
who will uphold the current business values, whist actively seeking new
ways of developing the business and ultimately, the yearly revenue.

Property information

Property:

Freehold

Contact Information

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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