Business for Sale in Nr PONTYPRIDD, MID GLAMORGAN - £13,500+ net WEEKLY SALES + HIGH COMMISSIONS STORE/OFF LIC/LOTTERY/ATM, PONTYPRIDD - Leasehold: £164,950 (Offers Accepted)

Key Information

Ref
G323944J
Type
Retail Businesses: Convenience Stores
Location
Wales: Mid Glamorgan
Tenure
Leasehold
Status
Sold
Weekly Sales
£13,500 Inc Vat
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Call us on 01633 868609

A superb, modern Spar branded Convenience Store situated in a strong trading location, with no immediate competition & achieving very high & very profitable weekly sales.

Long established with shop sales of circa £13,500+ net per week, plus additional/strong £16,000 appx per year commissions from the Lotto sales of £2,200 appx per week, Paypoint £3,800 appx per week and of course from the 24hr ATM.

Full up-to-date accounting and VAT information is on file showing the excellent high combined gross profits of over £150,000 p.a, and with strong adjusted net profits of over £80,000p.a, (and that's before any wage savings which could also possibly be made!).

Well known to us at EMF, we acted in selling the business to the current owner back in 2010, and based on the current accounting information provided to us can also advise that the business has shown a strong growth in profits!

Nicely & cleanly presented throughout with rear stock room and first floor stock rooms, kitchen and large office/storeroom.

The store is to remain under the Spar banner upon sale and as such any fortunate new owner/s would then benefit from the Privilege Deals, Retailer & Beer Partner Schemes that the business currently enjoys.

Additionally with the latest comprehensive, yet easy to use EPOS system, stock control and ordering facilities, the business therefore also operates very efficiently.

With many years successful & profitable accounts on file, this business is only now coming to market as our seller is looking to emigrate to Australia.

Given the strong/very profitable sales & the attractive rent payable then this is an extremely interesting and very strong business that comes highly recommended to the market!

DON'T MISS THIS ONE!

EPC Rating: C

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