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Would You Buy This Betting Shop Business?

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Jonathan Jay

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John Andrews
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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

posted by unglogwk