Business for sale

Business description

Excellent trading position, Norfolk

We are informed the turnover is in the region of £6,500/£7,000 p.w. (including turnover in respect of the High Street retail bakery of approx. £1,100 p.w). We are further advised that the sales year ending 31st March, 2007 showed £309,683 with a gross profit of £221,470.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 or near offer plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features DOUBLE FRONTED CAFÉ with tables and chairs providing seating for 20 persons. 2 cool display serveover counters, electronic cash register.

Adjoining kitchen the equipment includes hotwater boiler, 4-burner gas cooker, large griddle, 2 microwave ovens, 2 toasters, 1 fridge, 1 fridge/freezer.

Storeroom, walk-in coldroom, walk-in deep freeze, flour store

Large Bakery with 4-deck gas oven, 1 5-deck electric oven, 1 prover, 1 retarder/prover, 1 high speed mixer, 1 large mixer, 2 additional mixers, stainless steel tables etc.

Cloakroom with 2 w.c's and wash hand basins

First floor

Cake Room used for cake decoration
3 Offices
w.c. and wash hand basin

It will be appreciated upon inspection that the first floor area, in our opinion could be converted into accommodation, if desired.

2 Sign written vans included in the sale

ADDITIONAL RETAIL BAKERY SHOP situated in the High Street of this expanding town comprising:

SINGLE FRONTED MEDIUM SIZED SALES SHOP. The equipment includes 2 cool display counters, electronic cash register, display stands etc.

Staff cloakroom with w.c. and wash hand basin
Yard
Parking space for 1 vehicle
Garage

Staff Staff Employed
Main Shop/Café - Lady vendor, 3 full time plus 1 part time & 1 Saturday girl
Bakery - 2 full time bakers, 1 full time confectioner, 1 part time baker
Retail Bakery Shop - 2 full time plus 2 part time
Wages paid in the region of £2,000 p.w.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours CAFÉ
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING

RETAIL BAKERY
Monday & Tuesday - 8.30 a.m. - 3.30 p.m.
Wednesday - 8.30 a.m. - 1.30 p.m.
Thursday, Friday & Saturday - 8.30 a.m. - 4 p.m.

Outside Yard at rear with parking space for 2 vans.

Tenure We understand both premises are held on a secure renewable lease from a private landlord, the present lease having approximately 9 years unexpired at a rental of £22,020 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,310 p.a. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED BAKERY/CAFÉ IN THIS EXPANDING AREA. WE ARE ADVISED THAT APPROXIMATELY 200/250 HOUSES ARE BEING BUILT CLOSE TO THE MAIN SHOP.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8081