Business for sale

Business description

Key Point of Interest: The Sandwich Shop and Catering business was first established in 1994 by the current owner and over the years has built up a good client base. The business offers a sandwich takeaway service, and a delivery and trolley service to local companies, it also has a catering arm servicing corporate events and private parties. The location of the business is coastal and it is ideally close to the commercial centre of town. The property is freehold and offers room for expansion, as the first floor of the premises is currently unused. There is also great potential to expand the catering arm of the business through wholesale, private parties and weddings. The business benefits from having an established supplier relationship with a leading food service contractor. The current owner is happy to offer a handover period in order to ensure a smooth transition for the new owner. Description of Premises: The property is freehold with the shop frontage being used for the sandwich takeaway arm of the business; the rest of the ground floor is taken up with a refurbished kitchen and a storage and preparation room. The first floor rooms are currently unused. Reason for Selling: The owner wishes to retire early Business Established: 1994 Business Hours: Monday to Friday ? 8am to 2.30pm Description of Workforce: The business employs 13 full time staff consisting of 4 delivery drivers, 2 shop assistants, 5 kitchen staff and 2 trolley ladies. Most of the staff has been with the business between 4 and 5 years and work on average a 32 hour week. Future Expectation: The catering arm of the business has potential for expansion through wholesale supply (garages, shops, public houses etc.), private parties and weddings. The first floor of the premises has potential for letting or expansion and/or diversification of current business.

Downpayment: £360,000
Reason for Sale: Retirement


ListingID#: NORFOH10019