Leasehold Sandwich Bar
Location England
Asking Price Range < $250K
Gross Revenues $156000
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD asking for œ39,500. Advent Business Sales have been instructed to offer for sale this delightful business. The vendor established the business in 1991 and for the last decade has left the business to be run on management. The owner has reluctantly decided to sell as another business venture requires more effort and time. Over the years many other food businesses have appeared within close proximity. The increased competition has actually had a positive impact with an increase of weekly takings now averaging œ3,000 per week. This has been a result of customers realising that the area caters for the public's taste via juice bars, a baguette shop and a McDonalds. The recent improvements to this part of the city centre affords the opportunity for further increases in trade.
The owner has informed us that a new owner operator would increase sales and profitability substantially especially with a working couple. There is a large demand in the immediate vicinity for a basket delivery round. The sandwich bar has a wide and varied menu which primarily focuses on fresh food made from healthy ingredients. This is an excellent opportunity to acquire a very well established business in a prominent location offering extra profits and potential to increase sales to an owner operator.
BUSINESS PREMISES - An efficient ground floor lock up unit, fully equipped with the following: Till, coffee machine, jacket potato oven, stainless steel serve over fridge, purpose built steel corner unit with refrigerator and ban marie. Hot food display cabinet. Microwave and freezers.
TENURE - Leasehold. Current Lease - 15 years. Lease Remaining - 4 1/2 years (renewable). Review every - 5 years. Annual Rent - œ15,900.
We are advised that the annual business rates are currently: œ7,000. Contact for more information on this Sandwich Bar for sale.
Click Here To Contact Seller
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