Description

This is a great business opportunity. The shop sells newspapers, books, Stationery, sweets, cigarettes, magazines, cards, ice creams, gifts, T-Shirts and much more.

This business is debt free and offers a good turnover €100-150k, Net profit circa €50k

 

For Sale, the lease of this fantastic business in Costa Teguise.

This is great business selling newspapers, books, sweets, cigarettes, magazines, greeting cards, ice creams, gifts, printing boarding passes. Island Books & Maps, DVDs, British Food such as Bread, Biscuits, Etc.

 

The shop is open 7 days a week (from 8.30 to 5) and services not only the holidaymakers but the local ex-pat community and Spanish locals. This business offers a good turnover, it comes fully equipped with fridges, freezers, Casio Till, PC, display racks; etc. and the price includes stock at value. The shop is approximately 42m2 and has and Air Con Unit for comfort.

Take over tomorrow and start trading! With established suppliers, some of the necessary licenses and permits, and a good customer base.

Business Operation
  • Year of Establishment:

    2018

  • Number of Employees:

    1

  • Time to run this business (hours per week)

    42

  • Other Information

    Location
    Coronas Newsagent is a well-recognised name and that is one of the main assets. The shop is part of Hotel Coronas Playa with a strong position and brand awareness in the area. Costa Teguise is Lanzarote's family resort, with a selection of bars, shops, Hotels, Holiday Complexes, and restaurants. Arrecife, the capital is only 10 minutes away and Bus Stops are close by therefore the shop is on a busy main road creating footfall.

    Additional Information
    The newspaper companies require a deposit to supply. There are a few local and UK based artists, jewellery designers, Book Publisher, Lobster Sim Card Reseller for added income, Mobility Aids contact with commission and the Correos Stamps and Post Box. The shop is a local Charity drop off and collection point as well as a drop off for Ink Cartridges, Avon and a Ticket Sales for certain entertainers, all this helps create a community hub and brings customers to the shop.

    Parking space at the front of the shop for shop owner and customers.
    Surrounded by holiday and residential developments and situated right on the busy road for foot and vehicle traffic and Profitable business, only selling due to personal time constraints and other commitments and refocusing our interest in other projects beyond the services provided by the shop.

    Very spacious inside with room for other retail lines plus other ideas a new owner may have as well as a storage area located within the hotel for seasonal item storing.

    Smooth and seamless transition and support will be had throughout the sales process between the current owner the new.

Not Available
Today's work schedule is not available
  • Monday

    8:30 am - 4:30 pm

  • Tuesday

    N/A

  • Wednesday

    N/A

  • Thursday

    N/A

  • Friday

    N/A

  • Saturday

    N/A

  • Sunday

    N/A

  • 27th September 2020 2:06 pm local time

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Location

Costa Teguise, Lanzarote, Las Palmas 35508

Contact Information
  • https://www.facebook.com/CoronasNewsagent

Contact Form

Map

Costa Teguise, Lanzarote, Las Palmas 35508

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