Business for sale

Business description

Advent Business Sales are pleased to have
been instructed to offer to the market this
extremely well established and popular
sandwich bar/café.
Founded over 18 years ago and in the careful
hands of the current vendor for the past 5
years, it is only now being reluctantly
offered for sale to allow him time to pursue
an alternative unrelated business venture.
Our client provides an excellent selection of
hot and cold foods which are freshly
prepared on site including:
• All day breakfast with vegetarian
option
• Sandwiches and baguettes
• Baked potatoes
• Hot and cold drinks
• Omelettes and paninis
Main meals include:
• Fish & chips
• Chilli con carne
• Roast dinners
• Scampi
• Pies
• Lasagne
The business also provides packed lunches
for a number of the local school children.
The café has 21 covers available outside,
many of which are under a large canopy.
The tables and chairs are of the all weather
variety so will not deteriorate with the
inclement weather.
The shop is also able to cater for up to 48
inside spread over 3 levels.
The café boasts an excellent commercial
kitchen and serving area which includes:
• 4 ring electric cooker
• 3 industrial microwaves
• bread oven
• 2 fryers
• 4 chest freezers
• 2 tall and 3 short upright fridges
• commercial dishwasher
• 4 slot toaster
• 4 pan bain marie
• ceramic panini grill
• under counter fridge
• coffee machine
• pepsi fridge
• milk
• filter coffee machine
• cold serve over counter.
The vendor works full time in the business
and also employs 6 part timers who work 80
hours in total between them all. They
achieve annual sales in the 2007 year of
£143,643 with a gross profit of £91,912.
We are advised that stock at cost is
approximately £2000.
REF: 8942DN
TRADING HOURS
Mon-Sat: 8am – 5pm
EXPANSION POTENTIAL
Whilst already a successful business it still
offers excellent scope to increase sales and
profits further by:
1. Opening on Sunday’s
2. Offering a buffet service to the many
nearby offices and factory units
3. Having an alcohol licence to enable
beers, wines and spirits to be served
We understand that the freeholder may be
willing to sell the premises subject to
negotiation.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £143,643
Gross Profit: £91,912
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Attractive well presented premises arranged
over 4 floors and briefly comprising:
Ground Floor
• 21 cover pavement seating area
under canopy
• centre door into the main café area
with cold serve over counter
• down to basement w/c’s
• 48 covers over 3 floors
• first floor commercial kitchen
• staff w/c and stores
• second floor office and stores
TENURE: Leasehold
Original lease: 21 years
Remaining lease: 16 years
Review every: 3 years
Rent: £14,000 per
annum
We are advised that the annual business
rates are currently: £1,760
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.