| (REF: 2144) Freehold Post Office And General Store |
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| Seller Reference: |
2144 |
| B4S Reference: |
26115 |
| Asking Price: |
£325,000
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| Net Profit: |
£25,595 |
| Sales Revenue: |
£285,900 |
| Number of Staff: |
2 |
| Established For: |
101 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
St Helens, Merseyside, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele and tourist.
- Fully equipped business
- Turnover in excess of £285,000with a net profit of £25,595 and a post office income of £17,500. (See financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for couple or partnership.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides off license, General Store, Post Office, Lotto.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Post Office which has been established since 1910. The business has been in the hands of the current owner since 1998 and now wishes to sell due to retirement.
Services
This very good business opportunity provides Post Office and General store.
Staffing
The concern employs 2 part time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
There is no local competition.
Market
The client base consists of local passing and tourists.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include later evening.
• Increasing the product line.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £285,900 with a gross profit of £55,500 and a net profit of £25,595 plus post office income of £17,500. The wages are £24,000. The present value of the stock is £17,000.
The potential turnover of the business within the next 2 years is forecast to reach £350,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Freehold |
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Lease Terms: |
The business is Freehold and the rates are £900. |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
On the first floor there are 2 double bedrooms and 2 single bedrooms, living room, kitchen, bathroom and toilet.
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Location: |
- Situated in St Helens area of the IOW.
- Prominent location on main arterial road.
- Excellent parking facilities.
- Surrounded by densely well populated residential area with schools and other local amenities.
- A tourist haven with many Hotels and Camp sites nearby.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Well linked with the rest of the Island by road and bus.
- Many holiday camp sites and holiday home lie close by.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
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There is no local competition. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include later evening.
• Increasing the product line.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.
• With an enhanced website.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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now wishes to sell due to retirement.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Sunday 8am to 8pm
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The concern employs 2 part time staff. |
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