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8785CV COVENTRY L\H£295000 SANDWICH DELIVERY, BUFFETS &

Asking Price: GBP 295000
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Business Location: United Kingdom » Coventry » COVENTRY 
Category: Food » Food & Drink Wholesalers
Description:
LOCATION
Our client is ideally located in the centre of an upmarket city in the middle of Warwickshire. Most
of its customers are within or around the city so delivery times are kept to a minimum.
Parking is free of charge in front of its premises and around the trading estate.
The town is accessed by the M6 at its northern point and the M40 from the south, the A46 joins the
2 motorways.
ASKING PRICE:
LEASEHOLD: £295,000 + SAV
THE BUSINESS
Advent Business Sales is delighted to have
been instructed to offer to the market this
extremely well established and profitable
sandwich delivery rounds and buffet
lunches.
The business was founded by our client over
10 years ago.
The owner is now reluctantly offering the
business for sale in order to pursue an
unrelated business venture.
The business is renowned for the quality,
freshness and reliability of its presentation,
The split is approximately 2/3rds sandwich
rounds and 1/3rd buffet lunches and is
achieved by the hard work and dedication of
is 16 full time and 1 part time staff. It has
an excellent management structure allowing
the vendor to pursue other interest.
We are advised that stock at cost is
approximately £12,000.
Our client is more than happy to assist a
buyer during a hand over period and effect
the required introductions to both staff and
customers.
The sandwiches & Buffets are all delivered
in one of its many vans, which are all on
monthly contract hire.
All the sandwiches and buffet are freshly
prepared on site to ensure quality is
preserved.
The equipment includes:
Huge walk in fridge
Large walk in freezer
2 ovens
2 sealing machines
2 fryers
Large prep area with stainless tables
throughout.
 
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Financial Information:  
Annual gross sales: (GBP) 818475
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1998
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 16FT\1PT
No of trading hours: Mon – Fri: 6.00am – 2.00pm
Reasons for selling:
The owner is now reluctantly offering the business for sale in order to pursue an unrelated business venture.
Market competition and expansion:
The business achieves most of its sales through personal recommendation and word of mouth. The vendor has informed us that sales and profits could be substantially increased by expanding the business into the surrounding towns by further marketing. This business could be managed daily by the owner which would increase profitability.
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