Exceptionally Well Performing Newsagents Business
- Asking Price: £16,000 +SAV
As of the 2018 accounts the turnover wwas £177,962 with a gross profit of £40,565.
Please quote reference B05652
- Tenure: Leasehold
Please quote reference B05652
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and performing, “turnkey” newsagents’ business with an excellent reputation.
The business has only now been placed on the open market as it’s our clients desire to take well-earned retirement.
RB Gardner Newsagents has been trading for over 40 years & operating under the careful and meticulous ownership of our client for the last 10 years and who has grown the business year on year to an impressive level with turnover and profit at consistent levels.
The business offers a wide range of goods from newspapers & specialist magazines, confectionary goods, cigarettes, fresh rolls, household items, greetings cards along with having an impressive newspaper delivery round
All this has led to an enviable reputation with many loyal repeat customers within the local area.
There is scope to increase turnover with additional opening hours of the business and expanding some of the retail lines currently stocked along with introducing lottery sales, Pay Point and filled sandwiches along with possible undertaking of a robust localised marketing campaign to highlight the products available.
The business trades on its reputation for service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
The business is currently run by the owner along with 1 part time staff & 3 delivery persons.
Monday to Saturday 05:00 – 17:00
Sunday – 05:00 – 13:00
RB Gardner Newsagents is situated within a popular & busy trading location within the area Causeyside Street of Paisley and is surrounded by a host of local businesses.
The business further benefits from ample free on street parking & is well signed and easily visible resulting in a good level of footfall and passing trade.
Paisley is the largest town in the historic county of Renfrewshire in the West Central Lowlands of Scotland and serves as the administrative centre for the Renfrewshire council area.
In recent years the town has become a popular commuter base for people working in the city of Glasgow and surrounding areas, the area is very well serviced in terms of amenities and benefits from excellent public transport links and proximity to Glasgow International Airport.
The business occupies a well-presented retail premises and benefits from premium branding to the exterior.
The main store is fitted to a modern standard and is bright, clean and benefits from large service counter, to compliment the perimeter shelving, and further benefits from a good selection of fully fitted refrigeration units. Behind the service counter there is the cigarette gantry, electronic bill payment area.
To the rear of the premises there is a staff rest room area / stores area.
The premises also benefit from CCTV, security door and alarm system.
The business is well signed and easily visible.
Premises are circa 42sqm.
We are advised that tenure is offered on a leasehold basis.
Rent £6500 Per Annum.
Lease – New Lease available for potential buyer.