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Reference C7749

Wholesale Distribution Newspaper Delivery Business in Sevenoaks For Sale

Register to see map and to make an appointment Delivering newspapers, KENT. SEVENOAKS

Turnover 2,845
Price 70,000

Features

Profitable Old Established Newspaper Delivery Business

The business has been in the same hands for the past 27 YEARS and is at present operated from a small retail shop in the safe densely populated residential area of Sevenoaks.

The business comprises:

7 newsrounds plus 1 country round, undertaken within the Sevenoaks area.

We understand from the present owners that the papers arrive at the shop at approx. 4.30 a.m. and having been marked up leave the premises for deliveries by 6 a.m. The deliveries of newspapers are to residential customers plus offices etc.

Turnover

WE UNDERSTAND the sales year ending 30th June, 2016 showed 123,306 with a gross profit of 48,117 and a net profit of 39,914.

Trading Hours

The retail shop is operated Monday/Friday incl. from 8.30 a.m. - 1 p.m. with Saturday & Sunday opening from 8.30 a.m. - 12 noon. It should be noted at the present time, however, no retail sales of any note are undertaken and the shop is mainly open in order that customers can pay their news accounts. However, we further understand the majority of the news accounts are paid by post.

Tenure

The present vendor has traded from the existing premises for the past 27 YEARS and is prepared to grant a short-term lease of, say, 1 year, in respect of the shop premises, at a rental of 5,200 p.a. excl. of rates, if required. Alternatively a prospective purchaser may consider locating a shop in a more prominent position in the Sevenoaks area, in order to establish a retail trade as well. Alternatively, perhaps a small industrial unit would be suitable for the business being undertaken.

Outstanding opportunity to acquire this profitable news delivery business which, as will be appreciated, provides a lucrative income for a relatively short hour working day.


RECOMMENDED FOR EARLY INSPECTION.

Price

PRICE TO INCLUDE THE GOODWILL, 70,000, SUBJECT TO CONTRACT.
LOAN POSSIBLE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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