- Business ID: 3149
- Price: £499,950 +SAV
- Annual Turnover: £548,829
- Business Category: Newsagents & Convenience Stores
- Location: Greater Manchester
- Tenure: Freehold
- Living Accommodation: Yes
- EPC Rating: Awaiting Cert
An excellent opportunity has arisen to acquire a well-established and profitable convenience/news business located in South Manchester. The business has built a strong reputation within the local community and benefits from a loyal customer base alongside consistent and reliable turnover.
For the year ending 2025, the business achieved a turnover of £548,829 plus VAT of £109,765.80, giving a total income of £658,594. It delivers a gross profit of £121,273, representing a healthy 21.6% margin. The shop is fully equipped with a Reposs EPOS system.
The business includes four established morning newspaper delivery rounds, generating a weekly news sheet bill of approximately £2,500, providing a steady and dependable income stream. The newsagents is currently operated by four partners, three of whom are active in the business, supported by one experienced full-time member of staff who has over 10 years of service.
In addition, the property benefits from living accommodation comprising one double bedroom, a lounge, and a kitchen. The accommodation can be separated from the shop if required, offering flexibility for an owner-operator or potential rental opportunity.
Situated in a busy and well-connected residential area, the business enjoys regular footfall and repeat custom. This is an ideal purchase for an individual, couple, or family looking for a stable and profitable venture, with further potential to grow the business by expanding product ranges or services.
The business is being offered for sale due to a change in direction and forthcoming retirement. Serious enquiries are invited for this excellent turnkey opportunity
- Established and profitable newsagent in South Manchester with a loyal local customer base
- Strong financials with £658,594 total turnover
- Four morning newspaper delivery rounds generating around £2,500 per week
- Includes flexible living accommodation with potential to separate from the business
- Retirement sale offering a turnkey opportunity with experienced staff in place
ENQUIRE ABOUT THIS BUSINESS
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