CoGoGo are pleased to have been given the opportunity to manage the sale of Boden News which is a well-established Newsagents and convenience store with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a Newsagents at this site since the 1930’s and the previous owners, a husband and wife team ran it successfully and lucratively for over 30 years enjoying turnover at that time, in the region of £312,000 per annum (pre covid). The current owner has owned the business since 2020 and it was his intention to build the business up even more and introduce new product lines and services.
The business is now being sold, albeit reluctantly and with a heavy heart only due to his need to concentrate on his other business interest.. The vendor is keen to see his beloved newsagents and convenience store pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Boden Newsagents sells a wide range of products including:
Tobacco and vaping products
Newspapers and magazines
Confectionery
Crisps and snacks
Cold drinks
Hot coffees
Beers, wines and spirits
Household goods
General groceries
Frozen food
Ice creams
Bread and cakes
Dairy products
Additionally the business has a Paypoint terminal (£7000 per month), Uber Eats, Western Union and Amazon Parcel services. The business is awaiting a Lotto terminal. The weekly news bill is over £500 from over the counter sales.
Reasons to Buy:
A well-established business with an enviable reputation and many regular customers
Prime trading position on a busy main road
All fixtures and fittings included making this a real ‘Turnkey’ business opportunity
Ideal owner managed or partnership business
Financial Profile
We are advised that the business generated a turnover in the region of £173,000 per annum, as per the 2022 accounts. Full financials can be made available upon further request.
