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Convenience Store, Newsagent and Off Licence for sale in South London

Convenience Store, Newsagent and Off Licence for sale in South London
Convenience Store, Newsagent and Off Licence for sale in South London Buy a Convenience Store, Newsagent and Off Licence in South London Sell a Convenience Store, Newsagent and Off Licence in South London Convenience Store, Newsagent and Off Licence in South London for Sale

Location

Situated in a parade, excellent main road trading position, SOUTH WEST LONDON & SURREY BORDER

Features

Profitable Self Service Convenience Store, Specialised Delicatessen Foods, News, Confectionery, Tobacco, Full Free off Licence Plus On Line National Lottery

* GROSS PROFIT 137,573 i.e. 50%

THE BUSINESS IS WELL ESTABLISHED AS A SPECIALISED ALL PRE-PACKED DELICATESSEN FOODS & IN OUR OPINION HAS TERRIFIC POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

Forecourt to ATTRACTIVE SALES SHOP with electric shutters. Sales area in the region of 500 sq. ft. with tiled floor, suspended ceiling with LED lighting. 1 air conditioning/heating unit. Counter, till with EPOS scanning system, photocopier, double door glass fronted display fridge (on loan from Coca Cola), ice cream deep freezer, 1 upright double door glass fronted display deep freezer, 1 upright single door glass fronted fridge, 1-2.75m open cool display unit, 1-1m open cool display unit, modern shelving etc.

Rear stockroom with large deep freezer, 2 small deep freezers, 3 fridge/freezers

Staff cloakroom with w.c. & wash hand basin
Office
Kitchen area
Conservatory

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 620 p.w. We are further advised that the sales year ending 2017 showed 276,266 with a gross profit of 137,573 i.e. 50% approx. The business benefits from the sale of specialised pre-packed delicatessen foods. The business has on line national lottery plus scratch cards & we understand this provides a commission of approximately 30 p.w. The business also has Oyster. The business also has an internal ATM machine which we understand provides a further revenue of approximately 90 per month.

Price

OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 161,000 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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