Advert Ref: S2136

Costcutter Supermarket With Post Office For Sale

  • Oxfordshire, United Kingdom

Under Offer

Asking price:
£198,000
Sales revenue:
£498,540
Net profit:
£75,867
Post office salary:
£85,581 per annum

Ground floor, mid parade lock up convenience store of c1100 sq ft with high salary Post Office located in a very busy shopping street close to Oxford city centre and large university campus. Trading as part of the 'Costcutter' symbol group. Accounts show annual sales net of VAT of £498,540 with a gross profit of £78,812 (15.81%) which in addition to the Post Office salary and commissions of £85,581 resulted in a total gross income of £164,393. Adjusted net profit of £75,867 per annum.

Property:
Leasehold
Lease terms:
Twelve years commenced July 2006.
Location:
Located on a busy roadway close to Oxford City centre.
Financing available:
Via Ashley Tate's recommended panel of banks and brokers.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, you can contact us via any of the three options below.

  • 01234 831999
  • info@ashleytate.co.uk