FinanceYou can borrow
£ 32,500 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Profitable Sandwich Bar Plus Sandwich Rounds for Sale
Residential area close to a Technical College and offices approx. 5 minutes walk from Town Centre, HAMPSHIRE.
Features
DOUBLE FRONTED SANDWICH BAR occupying a corner position, approx. 15ft frontage by 22ft depth with tiled floor, fluorescent lighting. Fully equipped including cool display serveover counter, 2 upright glass fronted display fridges, 3 domestic microwave ovens, electronic cash register, hot display cabinet, chest deep freeze.
Level kitchen with tiled floor, fully equipped including 5-burner gas cooker, bread oven, chest deep freeze, upright deep freeze. Wash-up area with double sink and drainer.
Staff cloakroom with w.c. and wash hand basin
Storeroom plus office area
Included in the sale are 2 refrigerated sign written vans plus 2 hot & cold Jiffy Truck.
Turnover
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx. (Included in the turnover are the sales from 3 sandwich rounds and buffets. We understand the sandwich rounds operate Monday - Friday inclusive approx. 9 a.m. - 1.30 p.m.)
Staff
The business is at present operated by the vendor with the assistance of 3 full time staff.
Opening Hours
Monday - Friday inclusive - 6.30 a.m. - 2.30 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
Outside
Garage plus car parking space for 2 cars.
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring in June, 2018 at a rental of £7,980 p.a. exclusive of rates. We are further advised that the lease is renewable for a further 10 years at rent to be agreed.
Uniform Business Rates: £2,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES AND FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Selling your business?
No sale No fee