| (REF: R8500) Well Fitted Sandwich Bar |
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| Seller Reference: |
R8500 |
| B4S Reference: |
02687 |
| Asking Price: |
£45,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Midlands County, the West Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SANDWICH BAR with tiled floor, suspended ceiling, counter. Tables and chairs providing seating for 22 persons. Computerised till, coffee machine, panini toaster, Turbo Chef oven, 3 stainless steel fridges, 1 walk-in deep freeze etc.
Customers/Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx. Please note the purchase of this business is subject to entering into a Franchise Agreement, full details available upon request.
We understand the premises are held on a secure renewable lease having approximately 10 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £9,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Service area at rear for deliveries |
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Location: |
Situated in a parade, excellent High Street trading position, residential and commercial area, BIRMINGHAM |
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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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Monday - Saturday inclusive - 8 a.m. - 7 p.m.
Sunday opening - 10 a.m. - 6 p.m. |
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The business is at present operated by the vendor on a part time basis with the assistance of 1 full time and 6 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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