Search more Convenience Stores for sale in Ripley
Reference G7761

Convenience Store in Ripley for sale

Location
Situated in a parade, affluent residential village, DERBYSHIRE

Features
Well Fitted Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS SALES SHOP probably in the region of 1,000 sq. ft. sales area with non-slip floor, suspended ceiling with LED lighting & well equipped including ice cream deep freezer, 2-3.75m open cool display units, modern adjustable shelving, counter with 2 tills & EPOS scanning system.

Stockroom
Staff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages 12,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 4,000 p.w. We are further advised that the gross profit is in the region of 22%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of 250/300 p.w. The business also has Payzone which we understand provides a further revenue of approximately 120 p.w. We are further advised that the sales year ending 31st March, 2016 showed 706,742 with an overall gross profit of 158,522 (including commission received of 18,206) & a net profit of 80,733.

Accommodation
On the first floor are 2 rooms at present used for storage purposes, in our opinion having potential to develop into small living accommodation, if desired.

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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