Profitable old established Cake Shop
Business for sale
Asking Price:
£34,995
Turnover:
£80,500
Annual profit:
£21,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
We are informed annual sales show £80,500. Gross profit 35%.Price: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES AND FITTINGS £34,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features: Outstanding opportunity to acquire an attractive Cake Shop specialising in wedding, anniversary and occasional cakes plus sugar craft accessories.
Single fronted shop with suspended ceiling, concealed lighting, solid wood floor. Air conditioning unit. Glass display counter, electronic cash register, mirror-backed shelving, display stands.
Rear preparation area with tiled floor, work surfaces, sink and drainer, fridge/freezer, mixer, scales, microwave etc.
Staff: The business is at present operated by a lady vendor with the assistance of 1 full time staff.
Opening Hours: Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING
Tenure We understand the landlord, subject to satisfactory references, is prepared to grant a new 10/12 years lease at a rental of approx. £8,000 p.a. exclusive of rates, with rent revisions.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Reference : R7588
Employee details
Fulltime staff:
1
Parttime staff:
0
