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Business for sale in United Kingdom - Af131-hot and cold sandwich bar-west midlands

| Asking Price: | 78,000 £ | |
Real Estate: | Lease |
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| Sales Revenue: | 175,000 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 1991 | ||||||||||
| Employees: | 1FT, 5PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This sandwich bar has been operating successfully from this location since 1991, and under the current ownership since 2008. However, the current owners have reluctantly decided to sell the business due to ongoing health issues, and therefore this opportunity presents itself. This attractive opportunity is located in an ideal and highly visibility location for this type of business. The shop is located in a central high street position with lots of free one hour parking in front and along the street. The position is complemented by it being positioned close to a college containing over 2,000 students and staff, with the attendant daily revenue stream this produces. The business has an attractive, clean and modern look from the outside, and the inside is fitted out to a high standard, both in terms of its visual appeal and also its machinery, equipment and fixtures and fittings. The business sells a range of hot and cold sandwiches and baguettes both to callers to the shop and by proactively extending their market in to the local business community, which includes the local council and tax offices, by way of 2 x van delivery sales vehicles. The business also benefits from a3 planning consent. The shops main trading area is to the front of the building, with a large glass window area overlooking the high street. This area contains the main displays/ chillers and a small seating area. In the middle of the property is a preparation area for the hot foods side of the business, complete with two hotplates and an extensive extraction system. To the rear of the property there is a further preparation and kitchen area, complete with rear door to the small yard area behind and reserved parking bay. This acquisition opportunity will appeal to both the private investor market along with the commercial sector perhaps looking to extend their geographical sphere of operation. The owners have placed the business for sale at a sensible price to encourage a smooth and uncomplicated sale and we therefore recommend early inspection. Equipment: the company owns and operates an extensive inventory of equipment, machinery, vehicles and fixtures and fittings etc. In the daily smooth operation of its business, which include:- • 2 x hotplates and extractor system • 2 x chiller/ display cabinets • several stainless steel tables and shelving units • 3 x microwave ovens • commercial meat slicer • 3 x slow cookers • plus much more!! all such inventory is expected to be included in a successful sales package. Key opportunities: although this business is trading well through the currently challenging economic times and thereby encouraging the new owner to replicate this successful formula, the new owner may see using internet technology in tandem with the van delivery service and the shop to allow their working lunch customers to perhaps order their food choices “on line” and in advance. The opportunity also exists for extending the opening hours of the shop, should this be attractive to the new owner. Advertising and marketing: the owners have never felt the need to invest in extensive marketing as they have been satisfied with sales levels produced thus far. This does not preclude the new owner perhaps seeing this as an area of opportunity for future growth development.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | Full support and any necessary training will be provided during handover as part of a successful sale package. |
| Reasons for selling: | This is a genuine ill health sale. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Annual rental comes in at circa £5,500, with rates coming at circa £1,100 per annum (inc. rebate). |
| Location: | The premises are currently secured on a leasehold basis which runs until circa 2017. Annual rental comes in at circa £5,500, with rates coming at circa £1,100 per annum (inc. rebate). |
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