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JMW
John Andrews
03452 412494
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Would you buy this betting shop for £345,000?
Looking through businesses for sale on a popular broker site, I saw this listing for a cash betting shop in the Midlands.
The turnover is £3.2 million with a net profit between £100k250k.
The business was established in 1961 and owned by the present owner since 1993.
The price includes a 5year lease fully paid up.
The reason for selling is owner retirement and they want £345,000.
Does this look like a good deal to you or not?
So the question is, would you buy it?
Find out what I saw when I analysed this listing.
#businessgrowth #businessacquisition #buyingabusiness