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BUSINESS FOR SALE Retail General Tobacconists

Very Profitable Town Centre Newsagents For Sale

£80,000.00 (Fixed)

  • Very Profitable Town Centre Newsagents For Sale
  • Very Profitable Town Centre Newsagents For Sale
  • Very Profitable Town Centre Newsagents For Sale
Description
Price : £80,000.00 (Fixed)
Type : Sell
Date : 18th September 2018
Warranty : No
Location : Wellington, UK

Business-Partnership are pleased to have been selected to bring this very profitable and popular local newsagents to market. The business has traded for more than 30 years servicing the town of Wellington as well as the surrounding areas with both in store sales as well as a comprehensive delivery service. In 2017, the business enjoyed sales revenue growth in the region of 19%

The shop offers traditional newspapers and magazines, a wide variety of confectionery, soft drinks, greeting cards and is also known for stocking a comprehensive range of tobacconist products.

There is a national lottery terminal that generates sales of around £2100 / week. The business also offers its customers DPD Parcel drop off and Pay Point facilities. The photo booth generates an income of circa £150 / month

The business enjoys a high revenue stream generated from the News deliveries of approximately 675 deliveries each day, the customer base is wide and varied and includes commercial clients such as local schools, nursing homes, solicitors and accountant offices as well as traditional home deliveries.

There are a number of paper girls/boys that are supported by regular staff who make deliveries by car or van. The regular staff have been with the owner for a number of years and are reliable; there is also a continual backlog of paper boy/girl applicants looking for delivery rounds.

Due to its longevity and reputation, the business has benefited from substantial growth and enjoys weekly sales circa £14,500.

 

 



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