Discover a thriving opportunity with this established Newsagents and Post Office, strategically located in the heart of Stoke-on-Trent. This business is not just a retail outlet; it’s a community hub, offering essential services that foster customer loyalty and repeat business. With weekly retail sales of £6,260 and net annual retail sales of £271,296 (year to April 2023), this venture has been expertly managed, paving the way for continued growth and profitability.
The business also benefits from additional post office commissions of £22,660, significantly enhancing its income potential. A working couple could easily manage operations with estimated earnings in excess of £117,000 per annum. Furthermore, the business includes four paper runs, serving around 120 regular customers, generating an extra £600 to £700 per week in income, providing a stable and growing revenue stream.
The premises boast a modern and inviting design, equipped with necessary security features to ensure safe operations. Additionally, the accompanying 2-bedroom flat provides a comfortable living space for the new owner or potential rental income through a sub-lease, further enhancing the financial appeal of this business. With the landlord open to negotiating a new lease, you have the stability and flexibility to build upon an already successful foundation.
This opportunity is perfect for a working couple or individuals looking to take the next step in their entrepreneurial journey. With potential for further development through new product lines and services, this business is set for a bright future. Don’t miss your chance to invest in a well-established venture that promises not only financial rewards but also the satisfaction of serving your local community.
Key Features:
Price: £90,000 + SAV | Reference: S35271V
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