Completed sale
Lindsay Young Acquires The Cabin News Retail & E-commerce Company
The Cabin News convenience store in Torquay has been successfully sold to new owners by Knightsbridge Business Sales.
Found on a prominent high street, the business has been established over 50 years offering newspapers, magazines and a full range of confectionary items including locally made fudge and rock.
Generating a weekly turnover of £7,500 with further opportunity to expand the product ranges, the business is supplemented by a 3 bedroom accommodation which made this a great acquisition for new buyer Lindsay Young. Ms Young is planning to live and work at the premises full time.
Since The Cabin News arrived on the market the convenience store generated a great amount of interest with 14 viewings, which lead to 3 offers, with Ms Young’s providing the best outcome for both parties.