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8944GL GLOUCESTERSHIRE LEASEHOLD: £115,000 SANDWICH BAR & CAFE

Asking Price: GBP 115000

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Business Location:	United Kingdom » Gloucestershire » GLOUCESTERSHIRE

Category:	Services » Beauty Salons, Barber Shops

Description:

Advent Business Sales are pleased to have
been instructed to offer to the market this
extremely well established and popular
sandwich bar/café.
Founded over 18 years ago and in the careful
hands of the current vendor for the past 5
years, it is only now being reluctantly
offered for sale to allow him time to pursue
an alternative unrelated business venture.
Our client provides an excellent selection of
hot and cold foods which are freshly
prepared on site including:
• All day breakfast with vegetarian
option
• Sandwiches and baguettes
• Baked potatoes
• Hot and cold drinks
• Omelettes and paninis
Main meals include:
• Fish & chips
• Chilli con carne
• Roast dinners
• Scampi
• Pies
• Lasagne
The business also provides packed lunches
for a number of the local school children.
The café has 21 covers available outside,
many of which are under a large canopy.
The tables and chairs are of the all weather
variety so will not deteriorate with the
inclement weather.
The shop is also able to cater for up to 48
inside spread over 3 levels.
The café boasts an excellent commercial
kitchen and serving area which includes:
• 4 ring electric cooker
• 3 industrial microwaves
• bread oven
• 2 fryers
• 4 chest freezers
• 2 tall and 3 short upright fridges
• commercial dishwasher
• 4 slot toaster
• 4 pan bain marie
• ceramic panini grill
• under counter fridge
• coffee machine
• pepsi fridge
• milk
• filter coffee machine
• cold serve over counter.
The vendor works full time in the business
and also employs 6 part timers who work 80
hours in total between them all. They
achieve annual sales in the 2007 year of
£143,643 with a gross profit of £91,912.
We are advised that stock at cost is
approximately £2000.
REF: 8942DN

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Financial Information:

Annual gross sales: (GBP)	143643

Yearly Revenue: (GBP) Total yearly sales revenue	N/A

Net Profit: (GBP) Total profit before taxes	N/A

General Information:

Business Area:

Year Established:	2003

Is Relocatable?:	No

Business closed or an asset sale :	No

Is Home based business?:	No

Real estate status:	No

Number of Employees:	06PT

No of trading hours:	Mon-Sat: 8am – 5pm

Reasons for selling:	offered for sale to allow him time to pursue an alternative unrelated business venture.

Market competition and expansion:	Whilst already a successful business it still offers excellent scope to increase sales and profits further by: 1. Opening on Sunday’s 2. Offering a buffet service to the many nearby offices and factory units 3. Having an alcohol licence to enable beers, wines and spirits to be served We understand that the freeholder may be willing to sell the premises subject to negotiation.

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