• This professionally run business in central Buckinghamshire combines a recently updated and refurbished symbol group retail shop with a high salary main post office.
• The post office was purchased by our client in 2016, this busy main post office has 6 post office counters including two fortress.
• With an adjusted net profit of £54,949 in March 2022, it was necessary for the owners to make a number of important decisions to reinvigorate this business.
• This they have done by investing in the refurbishment and taking on of the Premier branding.
• The business forecast produced for this work shows a final weekly turnover of approximately £8,000 per week.
• After just a few months this is already at over £3,000 per week. A forecast for the 12-month period is provided and gives an adjusted net profit of £99,000+.
• This is based on one owner and staff with a total wage bill in excess of £38,000.
• The business comes with a secure lease, renewable in October 2028 with a current rent of £30,000 per annum.
• The lease also includes a self-contained, first floor, 2-bedroom flat, which currently does not have a tenant and is used for storage, rental or use for staff could be investigated but some updating maybe required.
• Viewing strictly by appointment only.
• Price to include the goodwill of this excellent profitable, reliable and sustainable going concern, the current lease and the entire inventory of trade fixtures, fittings and equipment, our client will also provide any advice or assistance on handover if required.

The price for this leasehold business is £275,000 plus stock at valuation.

REF VPO419BU

Please make first contact with Vandervells as we are handling all enquiries on behalf of the owners.