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Reference G6794

Convenience Store with Off Licence for sale in Dudley


Location

Situated in a parade, residential area, WEST MIDLANDS

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus National Lottery and Atm

SPACIOUS SHOP approximately 16.6m wide x 7.6m depth with 3 display windows plus entrance. Ceramic tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, 2 tills (1 with EPOS scanning system), 2-3.75m open cool display units, 2 glass topped chest display deep freezes, 3 glass fronted fridges (owned) etc. ATM machine (owned), we understand charging the customer 1.25 per transaction generating 4,000 in commission. .

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000/10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 450 p.w. We are further advised that the gross profit is in excess of 20%. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of 60/70 p.w. The business also has an ATM machine and we understand this provides a commission of approximately 70 p.w. The business is also agents for DPD delivery & pick up parcel point & we understand this provides a commission of approximate 25 p.w.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 80,000 plus STOCK AT VALUATION (25,000/30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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