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Business for sale in USA - 7099ng nottinghamshire f/h 190,000 post office

Asking Price: 190,000 £ Real Estate: Ownership
Business for sale – 7099ng nottinghamshire f/h£190,000 post office
Sales Revenue: 46,267 £
Net Profit: 1 £
Year Established: 2002
Employees: 3PT
# of family members employed: 1FT
Location criteria:
USA/Alaska/Adak
United Kingdom/City of Nottingham/Nottingham

Business types:

Retail

Business categories:

Card & Gift Shops

Business description

Advent Business Sales have been instructed to offer for sale this long established and popular business. Established over 35 years ago and in the hands of the current vendors for approximately 6 years it is now reluctantly offered for sale due to the vendor s emigration plans. Currently operated by the vendor full time plus 3 part time members of staff, the sales area is fitted to a high standard with a healthy Post Office salary and an equally healthy retail side currently supplying: Greetings cards Confectionery Cigarettes Stationery Small amount of impulse convenience goods The business is located within an attractive period premises offering spacious family living accommodation with potential to increase value with minimal further investment to development. The business is frequented both by the retail sector plus many local businesses and also offers car tax, although Lottery is not available. EXPANSION POTENTIAL There is excellent potential for growth and expansion to this already popular Post Office including introduction of the Lottery and further development of the retail area to incorporate a centre aisle to increase the range of products offered. There is also potential to further increase the value of this attractive premise with a small amount of extra development. It has been confirmed that this post office will not be one of those facing compulsory closure TRADING HOURS Mon Fri: 9.00am 5.30pm Sat: 9.00am 12noon FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual Sales: 46,267 Gross Profit: 50% PO Salary: 40,000 (approx) Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES An attractive detached premise with the added security of dual alarm systems and consisting of the following: Ground Floor Modern Post Office frontage leading into main sales area with display racking and shelving Counter to rear with secure Post Office counter Door to rear of counter leading into Modern fully fitted kitchen with access door into side yard Door way leading into small hallway with stairs to first floor Second doorway leading into large through lounge diner with doorway into garden First Floor 3 large double bedrooms Family bathroom Second Floor Large double bedroom External Garden to side and large garden to rear Driveway to side of premises Paved to road at front There is also a cellar beneath the premises. TENURE: Freehold We are advised that the annual business rates are currently: TBC

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: vendor’s emigration plans.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 $ US
Location: The business occupies a attractive setting in a landscaped square within the village centre near Mansfield, Nottinghamshire. The area surrounding the business is densely populated. There are excellent transport links with the business situated approximately 50 yards from the A617 leading to centre of Mansfield and out to Junction 29 of the M1 motorway. There are excellent parking facilities with on street parking for customers plus a driveway into a rear yard for the owners themselves.

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