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Business for sale in United Kingdom - Cn044-betting shop/ bookmakers offering entire range of sports betting-worcestershire

Asking Price: 35,000 £ Real Estate: Lease
Sales Revenue: 395,000 £
Net Profit: 16,000 £
Year Established: 2002
Employees: 2PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Worcestershire/Worcestershire

Business types:

Arts, entertainment & Recreation

Business categories:

Gambling Casinos ; Other Arts, Entertainment & Amusement Businesses

Business description

this betting shop was established eight years ago by its present owner who decided on a change of lifestyle and to turn a lifetime’s passion into a business. The location was carefully selected to maximize on passing footfall. The leasehold premises are situated in a residential area close to a social club, the local pub and a popular take away restaurant. The premises are also on a key route for commuters and within walking distance of this well known and highly popular town centre. The shop has built up a solid client base of circa eighty account customers and an average week will see in excess of well over a thousand bets being placed with many of these being taken over the phone. Equipment: the business has all its it supplied by satellite information services who not only provide much of the equipment but also the soft ware and data giving odds on any topic of the punters choice. Key strengths: • well established • a focal point in the local community • good client base • consistent performance • available parking close by • no immediate competition in the area • low overheads growth and expansion: this is a lifestyle business and would be ideal for an individual or couple wishing to buy and run their own business in an area of outstanding natural beauty.

Additional information

Additional information: Not Disclosed
Support & training: The vendor is keen to see the business continue to grow and will be willing to give the purchaser as much help as is needed to facilitate a smooth handover
Reasons for selling: The owner has decided to take early retirement.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The present lease is set at £6000 per annum and expires in November of 2010. It is anticipated that this will be renewed.
Location: The leasehold premises are located in a secondary retail area in close proximity to a residential area and in a row of quality retail outlets. The single fronted shop is fully fitted out with the usual display screens and television monitors. There is a small office to the rear, a small kitchen and staff toilet facilities. There is ample parking in the immediate area. The present lease is set at £6000 per annum and expires in November of 2010. It is anticipated that this will be renewed.

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