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Newsagents For Sale
Location: United Kingdom -> Coventry
Industry: Retail > Other Retail



Business Summary

CTN newsagents for sale. Quick sale required due to ill-health. Located in affluent village on outskirts of Coventry. Has 8 daily news delivery rounds + 3 hotel contracts. Full EPOS; Payzone; Lottery and free standing ATM. Selling daily news and mags; general grocery;confectionery/drinks; cigarettes and greeting cards. Only news delivery agent in the area;close to local school. Business is leasehold and has 2 bed flat above which is rented on short tenancy for £400p.m. Weekly newsbill £2,300. Business is rates exempt. (for weekly taking please contact seller) Asking price is £54,500 neg. Please contact either Kim on 07921395643 or Paul at shop on 02476 543301.

Financials
Asking Price Range:  < $250K
Gross Revenues:   $350,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,500
Seller Financing:  Not Disclosed

About The Business
Year Established:  1962
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale
Management Training and Support:  Will stay for 2 weeks to train.
Reason For Selling:  Ill-health.




Print Listing Id: 700162259
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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