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Highly profitable SANDWICH BAR
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Occupying a corner position, main road, residential area, sought after Surrey locality close to the Sussex borders.
(Please register to make appointments and view addresses) |
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Features |
Forecourt area with space for 3 tables and 8 chairs to -
ATTRACTIVE DOUBLE FRONTED SANDWHICH BAR, laminated strip floor and well equipped including curved cool display serveover counter with refrigerated storage section, electronic cash register, double panini toaster, hot water boiler, 1 domestic and 1 commercial microwave oven, upright glass fronted drinks display fridge (on loan), 1 stainless steel upright fridge, undercounter fridge/freezer, chest deep freeze, double sink and drainer etc.
Rear store area with double door stainless steel deep freeze, 2 chest deep freezes, upright double door fridge etc.
Included in the sale is a Suzuki Carry Van
Staff/customer's cloakroom with w.c. and wash hand basin
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Turnover |
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential in the right hands. Gross profit 65/70% approx. (Included in the turnover is approximately £1,000 p.w. in respect of a sandwich round operated 5 mornings p.w. i.e. Monday - Friday inclusive from approx. 9 a.m. - 1 p.m. within approx. 5/6 mile radius of the sandwhich bar). We are further advised that the sales year ending 30th April, 2007 showed £148,000 with a gross profit of £99,248.
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Staff |
The business is at present operated by the vendor with the assistance of 2 full time staff plus 1 part time driver. Wages paid £580 p.w. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced.
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Opening
Hours |
Monday - Friday inclusive - 7 a.m. - 2.30 p.m.
Saturday opening - 9 a.m. - 1 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays, for 2 weeks holiday at Christmas and an additional 2 weeks holiday during the summer time.
It will be appreciated upon inspection that there is terrific potential for additional opening hours.
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Accommodation |
The spacious living accommodation all in VERY GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Bedrooms (3 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
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Outside |
Medium sized garden with lawn, brick built shed plus brick built garage.
In addition there is parking space for 4 cars
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Tenure |
We understand the premises are held on a new 9 years renewable lease from the 1st January, 2004 at a rental of £12,000 p.a. exclusive of rates up to 1st January, 2010, with rent to be agreed thereafter.
Uniform Business Rates: £813 p.a. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A HIGHLY PROFITABLE SANDWICH BAR IN THIS SOUGHT AFTER LOCALITY
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: R8833
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