Business for sale

Business description

Location This business is located in Hertfordshire.


We are informed the turnover averages £5,000/£5,500 p.w. Gross profit 50% approx. (We understand the split of turnover is approx. 60% shop sales whilst the balance of approx. 40% is corporate work i.e. buffets etc. to companies in the area. We are further advised that the sales year ending 31st December, 2006 showed in the region of £230,000

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £180,000 or near offer plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Full A3 use.

Attractive Sandwich Bar with ceramic tiled floor, spotlighting. Well equipped including 2 large cool display serveover counters, automatic coffee machine, upright glass fronted drinks fridge, juice extractor machine, computerised electronic cash register.

Rear kitchen with electric fan assisted cooker, gas cooker, extractor unit, microwave oven, grill, 1 panini machine, toasters, stainless steel tables, double sink and drainer etc.

Staff cloakroom with w.c. and wash hand basin

First Floor - Storeroom with fridge, 1 fridge/freezer, 2 deep freezes

Staff The business is at present operated by a hushand and wife team with the assistance of 3 full time and 4 part time staff. Wages paid in the region of £1,100 p.w.

Opening Hours Monday - Friday inclusive - 8 a.m. - 5 p.m.
Saturday opening - 9 a.m. - 3 p.m.
NO SUNDAY TRADING

Outside Shared yard with parking space for 2 cars.

Tenure We understand the premises are held on a lease having 5 years unexpired from June, 2007 at a current rental of £13,000 p.a. exclusive of rates.

Uniform Business Rates: £3,500 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8031