A FH Newsagency in Tuxford. Sale Completed.
This is a traditional news agency serving the local community with news, magazines, cards, gifts, confectionary, toys, tobacco, soft drinks etc. It has been in the same ownership for approaching 25 years.
Up to date financial accounts show a high level of profits.
The good quality family accommodation and 'village living' is a significant plus, as is the quality of the local academy schools.
Sale Completed.
Key Information:
Sales. These average in excess of £350,000 p.a.in the last 2 years.
Gross Profit. Marginally in excess of £100,000 per annum.
Newsbill. £2,725 per week on average.
Newsrounds. 21 rounds – 7 days a week.
Stock. In the region of £25,000, to be taken at valuation.
Opening hours. 5.00am to 6.30pm Monday to Saturday. 5.00am to 12.30pm on Sunday. (Owner prefers to open early.)
Staff. Family plus 4 part time staff.
Tenure. Full vacant possession will be given on completion.
For details of business rates payable and more specific details of the location of the business please request full sales details by clicking on the ‘Request Full Details’ button above right.
