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Confidential Sale (Address Information Withheld) - Powys - Wales

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Property Details
Agent Ref No: C1039
Category: Business for Sale
Business Type: Casino
Offer Type: Offers in the region of
Price: £79,000.00
Rent: £4,200.00 per annum
Yield: £587000
Further Property Details
Date Listed: 2008-11-21
Size: 357 sq. ft
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading
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Description

BETTING SHOP, Powys. Sole licence holder in growing town, est. 15yrs+. Horse, dog & football betting. Still good potential. T/o rising consistently and now £587k. Adj NP £17k. Price £79,000. Leasehold. Ref C1039

The Business Partnership is pleased to be able to offer this established and very profitable bookmakers for sale.

Established for over 15 years and the sole licence holder with no competition in a large and growing market town. The main activities are horse, dog and football betting with Irish lottery also available.

The business has shown consistent revenue growth with turnover at £587k. Odds are provided by a national firm of bookmakers so little experience is required.

Opening hours are Mon-Sat, 10:30-5:30 although the licence allows for a 24/7 operation. Extending the opening hours, expanding the range of betting offered, more marketing activity within the local area and some improvements to the premises should all increase revenue further for a new owner.

The business is currently run by the owner and one part time cashier.

With no direct local competition, this provides and excellent opportunity for a new owner.

Please ask for full details.

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