Business for sale

Business description

Advent Business Sales are pleased to have
been instructed to offer to the market this
very popular and lucrative communication
centre, with many varying income streams.
The business, which was founded by our
client in 1997, is only now being reluctantly
offered for sale, as he now wishes to retire.
The income of the business is diversified and
is derived from:
• 8 station internet café with all new
Dell machines
• Western Union/Moneygram rental
from the cash machine
• International phone calls – 3 booths
• Dry cleaners
• DHL
• E top ups
• Printing
• Cashing cheques
• Faxing and photocopying
• Sales of cigarettes
• Soft drinks and confectionery
Four part time employees who all work
approximately 20 hours per week each assist
the vendor, who works full time.
They achieve excellent annual sales of
approximately £76,000, which is
supplemented by an additional £15,000 per
annum rental income from sub letting the
upper floors to a hairdresser and an
employment agency.
We are advised that stock at cost is
approximately £1000.
REF: 8952SL
TRADING HOURS
Mon-Sat: 9.30am – 9.30pm
Sun: 10am – 9.30pm
EXPANSION POTENTIAL
The business has enormous potential to
increase the already excellent income it
enjoys by:
1. Offering a key cutting facility
2. Being a Bureau de Change
3. Taking in shoe repairs
4. Having a service to refill ink
cartridges for printers
5. PO box facilities
6. Offering hot drinks, ice cream and
slush puppies, which should prove
popular with the nearby schools
7. Apply for the national lottery
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £76,000
Gross Profit:
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Ground floor lock up premises with the
added security of a fully operational alarm
system and briefly comprising of:
Ground Floor
• External access cash machine
• Centre door into the main part of
the business with 8 internet stations
and 3 phone booths around the
perimeter walls
• Work desk with 2 chairs for
customer form filling
• Soft drinks chiller unit
• Rear counter with 3 computers, dry
cleaning rail, printer, copier and fax
machines
• Rear kitchen area
• W/c and stores
• Back exit
• Attractive laminated flooring
throughout
TENURE: Leasehold
Original lease: 25 years
Remaining lease: 18 years
Review every: 5 years
Rent: £18,900 per
annum
We are advised that the annual business
rates are currently: £800
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.