| (REF: 9628MK) High Turnover Sandwiches & Buffets With Potential |
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| Seller Reference: |
9628MK |
| B4S Reference: |
17491 |
| Asking Price: |
£200,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£415,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
-, Bedfordshire, United Kingdom |
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Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable sandwich shop, sandwich rounds and buffet business.
Founded by the vendors over 18 years ago, the business is only now being reluctantly offered for sale as they plan to semi retire and move to the coast.
The business is renowned for the quality, freshness and reliability of its presentation with all sandwiches and buffets freshly prepared on site to ensure quality is preserved.
The business has its own sandwich shop which also sells Paninis, jacket potatoes, soups, savouries and hot and cold drinks.
The shop is fully equipped for purpose and includes:
8 refrigerated service over counter
26 serve over hot carvery roast
4 under counter stainless fridges
Upright stainless fridge
Jacket potato oven
4 shelf bread oven
Panini grill
Soup kettle
Microwave
Open soft drinks chiller
Exocuter
2 coffee machines
Crisp rack
Stainless double sink with double drainer
Hand wash sink
2 stainless work tables
Turnover within the shop is circa £200,000 net per annum.
The business has two fully fitted refrigerated VW lorries which are used for the daily sandwich rounds to the local industrial estates. Turnover for this part of the business is approximately £100,000 per annum.
The third element of the business is a buffet and trolley service for local businesses and local council. There is a dispatch van which is used for this purpose. Buffets are made to order for council and client meetings.
Sales from this part of the business is circa £100,000 per annum.
The business also supplies childrens lunches at a local school.
All sandwiches and buffets are prepared freshly on site on the day of sale in its own small bakery unit, which comprises:
Bread oven with turbo fan
Microwave
Sealing machine
Dishwasher
Large walk in fridge
3 large and 2 small chest freezers
Rapid zap
Stainless steel double sink with double drainer
Several stainless steel work tables
Almost all the trade is within an approximate 10 mile radius of the premises and is achieved with virtually no advertising as the business is so well known and has a very high repeat trade.
Stock at cost is approximately £4,000.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
Original lease: 10 years
Remaining lease: 8 years
Review every: 5 years
We are advised that the annual business rates are currently:
£4,347 & £2,152 |
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Current Rent: |
Rent: £17,726 & £13,275 |
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Living Accommodation: |
No |
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Details of Accommodation: |
The business leases two units which are virtually back to back from one another.
Unit 1
Comprises the shop with first floor offices and staff room. It has a full height roller shutter door to the front, attractively tiled, suspended ceiling, serve over chilled counter with rear prep area, staff w/c, 2 dry stores, fully tiled walls and is generally in excellent order throughout.
Unit 2 Ground Floor only
Entry door into the working area which is approximately 500 square feet, male and females w/cs, large prep room, dry stores, non slip flooring, large unused side room. Yard car park which is between the two units
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Location: |
The business operates from two units within a small arcade set in an affluent area of Buckinghamshire. Other shops in the arcade include a pub, fish and chip shop, post office, convenience store, chemist, vets, hairdresser, a takeaway and an estate agent.
The arcade has a large free of charge car park immediately adjacent to it for the use of staff and customers.
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This is clearly an already well established and profitable business. It does however, still offer huge potential to increase both sales and profits by:
1. Do weddings, wakes, parties and buffets for private functions
1. Open the sandwich shop on a Saturday
2. Of the 2 units leased only 1½ is used for purpose, the spare space could be converted into a coffee shop or could even be sub-let
3. Have a working web site with all the fayre on display
4. Increase the working area beyond the current 10 mile radius
5. Apply to more local schools to supply the kids lunches
6. Install vending machines at strategic sites
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Shop:
Mon-Fri: 8.00am 3pm
Bakery:
Mon-Fri: 3am 8am
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The business employs 4 full time staff plus the 2 vendors and 5 part timers who work 25 hours per week. |
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