Property Information
Address:
Stoke-on-Trent, Staffordshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH521118
Property Ref/Agent: 12593-community-post-office-with-owners-accommodation
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe welcomes to the market Mount Pleasant Post Office. The business was originally established in this location in the 1940's. Our client first took over the store in 2004 but is now looking to sell the business due to the desire to focus on other interests.
The store runs as a community post office and newsagents that offers a range of services including MoneyGram and a dry cleaning service. The shop also sells a range of confectionary products, greetings cards, newspapers and ice cream. The store also has an alcohol licence. The business generates a healthy turnover from its services and products of around 94,000 per annum with a gross profit of 28%.
The business generates an annual income from the following services-
Lottery: 20,800 per annum
News Sheet: 18,200 per annum
Post Office Salary: 14,000 per annum
We feel that the overall turnover could be increased in several ways. One way would be to extend the opening hours. Opening longer hours allows for maximising sales. A delivery service could also benefit the business. A newspaper round and fresh fruit and vegetables could be a good hit.
Included in the sale is owner's accommodation. This is a three bedroomed premise perfect for a family, looking to relocate. The premise is located in a lovely village that has a great community feel. There is no competition in this village so there is always trade. This is a multi-facet business that has huge scope to boost turnover. Hilton Smythe highly advise early viewing to see the full potential of this post office.TENUREWe are advised the business is being sold as a Freehold opportunity.HOURSThe business is opening hours-
Monday - Friday: 6:30am - 6:30pm
Saturday: 7am - 1pm
Sunday: 7:30am - 1pmSTAFFThe business is run and managed by our client with the help of family members.FINANCIAL PROFILEThe business generates a turnover in the region of 94,000 per annum.
Gross profit 28%
Lottery: 20,800 per annum
News Sheet: 18,200 per annum
Post Office Salary: 14,000 per annum
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