Family run general store / newsagents may close after 35 years.
After a few hard years my family is considering closing the store which my grandmother purchased the sin the early 80s to help support her family at that time it use to sell all the basics nearly all my familly has had a hand in running it over the years, it was took over in the 90s by my mum who would get up early hours deal with us, send us to school then run the store all day the return home after 6, we use have 2 other corner stores on the same road, one of which was dead across from us, we got along really well even if we both had the same type of store, in the mid 90s my uncle added newspapers to the store which help a little, then in the mid to late 2000s things started slowing down.
Recently things have got really bad,
We now have 6 stores on the same road, the new store across of us sells fake fags and cheap booze so that does not help.
Supermarkets do give us a good kicking a lot more then they use to, even more so now with east online shopping.
Most of the locals have left the area over the years when people from eastern Europeans started moving in we only have some family's and some old people, we always had a mix of people in the areas so that did not really stand out much at the time but most of the European dont spend much on things unless its not available in the other store and even then they try to barter, integration with the eastern Europeans has been l lot harder then any other.
being load and loitering has also been a issue
We get a lot of daily thefts so we had to get CCTV.
The daily intake would not even cover a persons wage on most days.
for some reason our tax returns are more then we make, I feel out accountant if not doing the job
due to hard time the store was remortgaged in 2010 at a stupid rate, so the monthly repayment is well above what it should be.
Then you have the normal bills which go up each year.
Even if we close the store we still have a huge mortgage to pay.
What are you thoughts ?
After a few hard years my family is considering closing the store which my grandmother purchased the sin the early 80s to help support her family at that time it use to sell all the basics nearly all my familly has had a hand in running it over the years, it was took over in the 90s by my mum who would get up early hours deal with us, send us to school then run the store all day the return home after 6, we use have 2 other corner stores on the same road, one of which was dead across from us, we got along really well even if we both had the same type of store, in the mid 90s my uncle added newspapers to the store which help a little, then in the mid to late 2000s things started slowing down.
Recently things have got really bad,
We now have 6 stores on the same road, the new store across of us sells fake fags and cheap booze so that does not help.
Supermarkets do give us a good kicking a lot more then they use to, even more so now with east online shopping.
Most of the locals have left the area over the years when people from eastern Europeans started moving in we only have some family's and some old people, we always had a mix of people in the areas so that did not really stand out much at the time but most of the European dont spend much on things unless its not available in the other store and even then they try to barter, integration with the eastern Europeans has been l lot harder then any other.
being load and loitering has also been a issue
We get a lot of daily thefts so we had to get CCTV.
The daily intake would not even cover a persons wage on most days.
for some reason our tax returns are more then we make, I feel out accountant if not doing the job
due to hard time the store was remortgaged in 2010 at a stupid rate, so the monthly repayment is well above what it should be.
Then you have the normal bills which go up each year.
Even if we close the store we still have a huge mortgage to pay.
What are you thoughts ?
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