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9016DY SANDWICH TAKEAWAY L/H £39,950+SAV

Asking Price: GBP 39950
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Business Location: United Kingdom » Dudley » WEST MIDLANDS 
Category: Food » Cafes & Restaurants
Description:
Advent Business Sales are delighted to offer for sale this popular and highly profitable takeaway & sandwich bar.

The business was established over 25 years ago with the current owners having acquired it in 2006. Since acquiring the business, the current vendor has spent considerable time and effort in furthering their reputation, which they have done successfully. The owners have reluctantly decided to sell as other commitments require more effort and time.

Our client offers:

• Hot and cold sandwiches and baguettes
• Breakfasts and lunches
• A good range of accompaniments
• Beverages.

The business is busy with its locality and a number of phone orders are placed daily.

Delivery to some local businesses is offered, which has further scope to expand on.

The business comes fully equipped with the following:
• Till
• 4 x toasters
• 2 x bain marie
• Griddle
• Fryer
• Oven
• 2 x hot boxes
• Micro wave oven
• A range of fridge’s and freezers
• 6ft serve over counter

There is a small seating area in the café with additional space to the front of the premises, which is utilised more in the summer months.

REF 9016DY
BUSINESS PREMISES
A ground floor lock up unit.

Ground Floor
• Entrance into main serving area
• Kitchens and preparation area to rear
• Ample storage
• Outside w/c


TENURE: Leasehold
Original lease: 5 years
Remaining lease: 2 years
Review every: 5 years
Rent: £100 per week

We are advised that the annual business rates are currently: £265
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
56814
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: Our client is ideally located on a busy roundabout junction in what is predominantly a residential area close to Dudley in the West Midlands.
Year Established: 1983
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: The two owners as well as two part time employees, who work during busy periods, staff the business.
No of trading hours: Mon-Fri: 8.00am – 2.00pm Sat 8.00am - 12.30pm
Market competition and expansion:
There is genuine scope to further increase sales by: 1. Extend opening hours from 7.00am – 3.30pm to capitalise on the local schools and early morning trade 2. Offer further deliveries 3. Cater for buffets, parties and weddings 4. Cater for corporate lunches and seminars 5. External catering services The potential is boundless and anyone wishing to capitalise on this expansion would see a further profitable business. This realistically priced business needs to be viewed sooner rather than later to avoid disappointment.
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