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Business for sale in United Kingdom - Af125-newsagents, confectionery, tobacco & convenience store -belfast, northern ireland
| Asking Price: | 105,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 500,000 £ | ||||||||||
| Net Profit: | 30,000 £ | ||||||||||
| Year Established: | 2000 | ||||||||||
| Employees: | 2FT, 2PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description
based in a great location in a busy neighbourhood with plenty of passing footfall, this long established business is a successful newsagents, confectioners and tobacconist, while also retailing greeting cards, light dairy products and groceries for customers convenience. The store underwent complete refurbishment approximately three years ago and now incorporates a paypoint, visa and lottery machines. The busy suburb location offers plenty of complimentary retailers close by. This busy newsagent/convenience store would be ideal for someone already in the business looking to expand into the area. Customer service: excellent personal attention is paid to all customers, who respond with regular return custom. Key strengths: this newsagents has many regular customers and is a people and community-orientated business. Situated in an excellent main street location with a large number of houses and no immediate competition, this bright spacious shop has been established as a newsagent for a long period of time and offers great potential to a new owner. Growth and expansion: this is an established business with great potential for utilising the additional space available and also increasing the stock levels to include more groceries. The market outlook is good. There is already constant demand for the products due to its convenient location and friendly service. With additional marketing and possibly including more special offers this could also attract extra customers. A new owner will have every advantage of building on this excellent business platform. Newsagents are a very popular business, this is partly due to the fact that the choice of revenue streams, whether it is newspapers, cigarette and tobacco or the national lottery has never been greater.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | The vendor is happy to provide support and training to ensure a smooth transition of ownership. |
| Reasons for selling: | The owner now wants to concentrate on other business interests. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Leasehold on 5 year lease with 5 year rent reviews. Rent - £15, 000 per year Rates – 6,000 per year |
| Location: | The newsagent is situated on the main street of a busy suburb of Belfast with a bus stop outside, generating constant trade. The ground floor shop premises are circa 6-700 sq ft with glass display windows and centre glazed door leading directly into the bright and spacious retail area with suspended ceiling and lighting. The interior has two floors of storage to the rear of the premises, while the first floor comprises of a kitchen, store and toilets. There are additional unused rooms to the first and second floor. Leasehold on 5 year lease with 5 year rent reviews. Rent - £15, 000 per year Rates – 6,000 per year |
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