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Well Established Newsagents In The Midlands For Sale

Leicestershire, UK
Asking Price:
Undisclosed
Turnover:
£495,000
Net Profit:
£41,000

An opportunity to acquire a long-standing well established newsagents based in the West Midlands.

Ideally located in the town centre of an affluent area, the company achieves high footfall, with an abundance of repeat trade and new customers alike.

A key service offering is newspaper delivery over a large 50 mile radius, which on average turns over £4,500 per week.

Other offerings available include:
- Newspapers & Magazines
- Lottery
- Confectionary
- Stationary/Cards
- Tobacco
- Groceries
- Sandwiches & Hot Drinks.

Financially, the company has shown consistent turnover with an average turning around £12,000 per week, and there is further scope to increase this through expansion of the delivery services, and utilising social media to engage with an online audience.

Offers invited on an opportunity, which is being made available to facilitate retirement.

Property Information

Property:

Leasehold

Leasehold Rent:

£9,200 per annum

Location:

Prime High Street location in an affluent area.

Business Operation

Competition / Market:

No local competition in the area.

Reasons for selling:

Retirement

Years established:
1989