Lucrative Newsagents in Bolton

Bolton, Lancashire
REF: 04111C

Asking Price:
£49,950
Annual Turnover:
£728,000
Annual Net Profit:
TBC
Recently Sold
REF: 04111C
Photo of Lucrative Newsagents in Bolton
Photo of Lucrative Newsagents in Bolton
Photo of Lucrative Newsagents in Bolton

Overview

Tenure:
Leasehold
Established:
2002
  • Excellent Reputation
  • Wide Variety of Products & Services
  • Accommodation Included
  • Huge growth potential

A fantastic opportunity has arisen for a new buyer to purchase a well-established and lucrative newsagents in Horwich, Bolton. ]

Operating from ideal premises on a prominent corner position, the business offers a large range of products and services, including magazines, newspapers, confectionary, household items and a small range of perishable goods. Additionally, the newsagent is also an operator for Lotto, Payzone and E-top up facilities. T

he property has the welcome addition of a recently refurbished three-bedroom apartment with en-suite and two reception rooms.

The business acts as a popular newsagents in the town of Horwich, Bolton.

Situated on a busy main street in a prominent corner position, the business is ideally placed to serve the local community.

The newsagents retails a large range of products, including magazines, newspapers, confectionary and household items, such as some perishables as well as services such as Lotto, E-top up and Payzone.

The business is clearly recognisable due to its ideal corner position, large double-fronted glass façade and clear modern signage. The interior décor is bright and kept immaculately clean. With two tills at the entrance and an excellent array of display furniture and refrigerated units, there is ample space for the large range of products stocked. Included in the asking price is a recently refurbished three bedroom apartment with en-suite facilities and two reception rooms.

Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity to purchase a lucrative and popular newsagents in Horwich, Bolton. Ideally located on a busy main street, the business offers a large range of products and services, including magazines, newspapers, confectionary, tobacco and household items, as well Lotto and Payzone services.

Established in 2002, the business has demonstrated year on year growth and now achieves an annual turnover of £728,000. With an excellent reputation and loyal customer base the business continues to grow. However, there are a number of ways that a new owner can add value in the future. For example, a license to sell alcohol would be a popular addition to the current product range and a new buyer may also look to introduce other new products not currently stocked to attract a wider customer base. Currently the business closes at 5.30pm, increasing these hours into the early evening would offer greater opportunity for increasing turnover, especially in conjunction with the introduction of an Off License area.

With an impressive turnover and excellent reputation, this is an ideal opportunity for an entrepreneur looking to acquire a newsagents in this popular location.

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

Location

Property

Annual Rent
TBC
Annual Rates
£3,000
Lease Term (Years)
TBC
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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