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Established Newsagents In Cambridgeshire For Sale

Cambridge, Cambridgeshire
Asking Price:
£20,000
Sales Revenue:
£375,000
Cash Flow:
£32,878

Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity to acquire a well-established convenience store and newsagents in the affluent town of St Ives, Cambridgeshire. The business prides itself on retailing a large range of high quality products and providing a personal service to the community.

Established in 1983, the business has grown significantly and now enjoys an annual turnover of £679,614. The store offers a good range of products and services, but there are still a number of ways that profitability could be increased in the future. There is a standing agreement in place with the nearby COOP to begin selling alcohol, this would offer a significant increase in turnover.

Additionally, any introduction of new products lines would help to increase the customer base further. Currently the business employs part-time members of staff, the wage bill would be significantly reduced if the new buyer were a couple or a family concern working together.

With a very strong turnover and loyal customer base, this is an ideal opportunity for a new buyer looking to acquire a convenience store or newsagents.

Intelligent Business Transfer have been requested to find a suitable buyer.

Property information

Property:

Leasehold

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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