Londis Store - Somerset
Business for sale
Asking Price:
£119,500
Turnover:
£764,000
Annual profit:
25k to 49k
Audited accounts:
No
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Partnership
Business description
BUSINESS:Established over 16 years ago and owned by the vendors since 1994, the business is well-established in this popular and attractive town. In 2003, the store purchased the adjacent newsagent, with 11 rounds.
The shop is part of the Londis buying group and stocks:
Groceries, chilled food, ice cream, video/DVD hire, tobacco, cards, confectionery, stationery, drinks, household goods, toileteries, fruit & vegetables and pet foods.
The business is a newsagents and an Off Licence also.
The shop offers customers electronic top-ups, i.e. for gas, electricity, etc, and a payzone. There is also a photo-copying service.
There are some local product deliveries, but the majority is delivered twice a week by Londis.
Situated in a conservation area, the store is adjacent to a butcher’s shop and opposite a builder’s merchant, garden centre and hardware shop. Other businesses in the vicinity are a florist, bakery, book maker, kebab take-away and an insurance agent.
