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Business for sale in United Kingdom - 8785cv coventry lh 295000 sandwich delivery, buffets &wholesale
| Asking Price: | 295,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 818,475 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 1998 | ||||||||||
| Employees: | 16FT, 1PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Accommodation & Food services
Business categories:
Sub & Sandwich Shops
Business description
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. TRADING HOURS Mon Fri: 6.00am 2.00pm No bank holidays or weekends and closed over Christmas. EXPANSION POTENTIAL 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. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 818,475 Gross Profit: 449,990 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.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Not Disclosed |
| Reasons for selling: | unrelated business venture. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Leasehold Original lease: 5 years Remaining lease: 5 years Review every: 5 years Rent: £12,828 P.A. We are advised that the annual business rates are currently: £1,430 |
| 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. |
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