8922RG BERKSHIRE L\H£180000 CAFÉ, SANDWICH T’AWAY & BUFFETS
Asking Price: GBP
180000
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| Description: |
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LOCATION
The business, which has two separate units, is located at either end on a very busy and large parade of
shops of a very upmarket town in Berkshire.
The shop has a highly visible location as the traffic approaches the town centre. The train station,
town hall, bus station, post office and banks are all nearby.
The parade has all manner of large and small shops, many of which are well known household names
such as Marks and Spencer, Woolworth’s and Currys. Parking around the town is predominately pay
and display.
Nearby towns include Marlborough, Thatcham and Basingstoke which are serviced either the M3 or
M4 motorways.
ASKING PRICE:
LEASEHOLD: £180,000 + SAV
THE BUSINESS
Advent Business Sales are delighted to offer
to the market this extremely well established
and popular sandwich takeaway buffet and
sit down café business.
Our client took over this well established
business 6 years ago and has now reluctantly
decided to sell as she is planning to move to
Cornwall.
During those 6 years, our client has
incorporated much new quality equipment.
She prides herself on giving excellent service
and reliability with good freshly prepared
quality food, consequently the turnover has
increased by over 150% and is continually
growing.
Our client provides a wide selection of food
including:
• Deli sandwiches made to order
• Breakfast rolls
• Soups
• Pies
• Jacket potatoes
• Hot and cold drinks
They also offer a buffet service to the large
number of offices nearby. And prestigious
private catering facilities for social events,
weddings, funerals etc.
Included within the sale is an extensive
equipment list which briefly comprisesof:
• 2 bread ovens
• meat slicer
• veg slicer
• 2 pie warmers
• ban marie
• 2 microwaves
• 2 breakfast grills
• Panini grill
• 2 coffee machines
• 6 tall upright fridge’s
• Chest freezer
• Walk in freezer
• 2 door freezer
• 3 drawer fridge
• under counter freezer
• heat wrap machine
• 8’ serve over counter chiller
• various stainless prep tables
The business has 4 full time employees
including the vendor and 4 part timers, 3 of
whom only work 8 hours per week with the
4th doing 25 hours. They achieve an
excellent turnover of approximately £5,000
per week gross.
We are advised that stock at cost is
approximately £3,000.
REF:8922RG
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £4,250
Gross Profit: 60%
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
The main sandwich bar and takeaway is
arranged over 2 floors and briefly comprises:
Ground Floor
Outside 5 metal tables with 15
chairs under 2 large parasols
2 separate entry points, 1 via the
pavement and 1 from the shopping
centre into the main serving area
with 4 stools at the breakfast bar
and 7 seats available at the tables
corner serving over a 8’ chiller
counter with rear working space
stairs up to the large prep room with
a side office
2 w/c’s
storeroom
large prep room with range of
freezers, bread oven etc
roof exit/access to car park with one
car space at a cost of £480 per
annum
The smaller shop which is
surrounded by a large number of
offices, has 3 outside tables with 6
chairs and is also over 2 floors and
comprises:
Offset front door into the main
serving area with a 5’ corner set
chiller counter unit
Attractive bay window, side stairs
to first floor
Kitchen /prep area with freezers etc
This is a quite exceptional opportunity to
purchase such a profitable and well regarded
business, which has such a huge potential for
the future. It has to be seen to be
appreciated.
UNIT 1
TENURE: Leasehold
Original lease: 10 years
Remaining lease: Currently on a
monthly rental, although a new 10 year lease
will be given to a new tenant
Review every: 5 years
Rent: £20,500 P.A.
Service charge: £3,500
We are advised that the annual business
rates are currently: £5,500
UNIT 2
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 9 1/2 years
Review every: 5 years
Rent: £5500
Service Charge: £840
We are advised that the annual business
rates are currently: £500 |
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| Financial Information: |
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| Annual gross sales: (GBP) |
N/A |
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Yearly Revenue: (GBP)
Total yearly sales revenue |
N/A |
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Net Profit: (GBP)
Total profit before taxes |
N/A |
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| General Information: |
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| Business Area: |
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| Year Established: |
2002 |
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Is Relocatable?:
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No |
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| Business closed or an asset sale : |
No |
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| Is Home based business?: |
No |
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| Real estate status: |
No |
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| Number of Employees: |
4FT\4PT |
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| No of trading hours: |
Mon-Sat: 7.30am – 5pm Mon – Fri: 7.30am – 3pm |
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Reasons for selling:
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now reluctantly
decided to sell as she is planning to move to
Cornwall. |
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Market competition and expansion:
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Despite already achieving excellent weekly
sales, the business still offers huge potential
for the future to increase profits and
turnover by:
1. Opening on Sunday’s and later in the
evenings, as one of the shops is almost
next door to the local night club
2. The local cinema is due to open in
October 2009 and the town centre is
due to have an influx of workmen
who are shortly to start work on a
new shopping centre
3. Having a sandwich round to local
factory sites
4. A working couple could reduce the
wage roll
5. Converting part of the upstairs of the
main shop into a seating area to
accommodate more customers
6. Having an interactive web site to
take orders via the internet |
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