SOLD – Licensed Betting Shop, Mid Cornwall – Marketing Price £40,000

  • Operating for nearly 40 years
  • The only betting office in the town
  • Benefits from having good trading position
  • Good customer base including 140 client telephone accounts
  • 2 gaming machines (fixed odds betting terminals) installed producing excellent profits
  • Turnover nearly £.05m (Gross Profit £112,000) y/e April 2012
  • £18,000 adjusted Net Profit (2011/12) but would, of course, be much higher if business were owner operated
  • Ideal for an investor who would be happy for the business to continue to be operated on a managed basis
  • Genuine retirement sale (owner in her 70s)