Newsagents For Sale within Post Office Greater Manchester Area
- SIZE
Ask agent
- SECTOR
Convenience store for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- Vast scope to increase turnover
- Low cigarette sales and high profit margins
- Low operational overhead
- Prime main position on busy parade
- High footfall area
Description
The business operates with convenient hours: Monday to Friday from 07:00 to 18:00, Saturday from 07:00 to 18:00, and Sunday from 08:00 to 13:00. Despite not selling alcohol, the shop enjoys a healthy turnover with a £300 news sheet (counter sales only) and retail sales ranging between £3,000 to £4,000 per week. Additionally, the business earns £100 in lottery commission each week.
One of the significant advantages of this business is its low overheads, approximately £9,000 per annum, and no alcohol sales, making it easier to manage. The location is prime, situated near a school and next to a popular sandwich shop, ensuring plenty of passing trade on a main road. There's also significant potential to increase business by extending the opening hours.
A new 15-year internal lease will be granted to the new owner, subject to landlord approval, with an annual rent of £5,980 and rent reviews every five years. This opportunity is perfect for anyone looking to take over a successful, low-overhead business with a loyal customer base and room for growth.
Vast scope to increase turnover
Low cigarette sales and high profit margins
Low operational overhead
Prime main position on busy parade
High footfall area
Brochures
About SOVEREIGN BUSINESS TRANSFER, Nationwide
Sinclair House Station Road, Cheadle Hulme, Greater Manchester, SK8 5AF
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BUSINESS BROKERS UK
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Sovereign Business Transfer is one of the UK’s fastest growing business brokers. We are based in Greater Manchester but sell businesses throughout the UK. Our unique approach is unrivaled in the industry and we deliver business sale results for small to mid-market businesses.
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Notes
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