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Tuesday 27th of Jun 2017 - My Account - Register - Brokers - Bookmark RightBiz

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery For Sale Premium Advert

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ReferenceG7706 / RightBiz
Status
FOR SALE
Advert ID186211
LocationUndisclosed, West Midlands
SectorConvenience Stores, General Stores
Annual Turnover£1,040,000
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Date Ad Submitted
WE ARE INFORMED the turnover averages £20,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700/£800 p.w. We are further advised that the gross profit is in the region of 24%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £250 p.w. The business also has Payzone/Paypoint.
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, shower, w.c. & wash hand basin
Large Lounge
Fitted kitchen
Price :
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 or near offer plus STOCK AT VALUATION (£50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £650,000 plus STOCK AT VALUATION (£50,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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