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Reference R7064

Sandwich Bar & Coffee Shop in Wallington for sale

Sandwich Bar & Coffee Shop in Wallington for sale
Buy a Sandwich Bar & Coffee Shop in Wallington Sell a Sandwich Bar & Coffee Shop in Wallington Sandwich Bar & Coffee Shop in Wallington for Sale Sandwich Bar & Coffee Shop in Wallington for Sale Sandwich Bar & Coffee Shop in Wallington for Sale Sandwich Bar & Coffee Shop in Wallington for Sale Sandwich Bar & Coffee Shop in Wallington for Sale

Location
Situated in a parade, main road trading position, SURREY

Features
Well Established Coffee & Sandwich Bar Reduced For Early Sale To £69,950 Plus Stock At Valuation, Subject To Contract

The business has been in the same hands for the past 30 years and there are genuine reasons for sale.

ATTRACTIVE DOUBLE FRONTED PREMISES with tiled floor. Shop area with 3 cool display counters with refrigerated storage sections, 2 group coffee machine, coffee grinder, electric cash register, electric gravity feed slicer.

REAR PREPARATION AREA with tiled floor, 4-burner electric cooker, small extractor system, 4 stainless steel work surfaces, counter fridge, double sink & double drainer, wash hand basin, 2 soup kettles etc.

Rear storeroom with 4 deep freezer, walk-in coldroom

Staff cloakroom with w.c. & wash hand basin

1 Van included in the sale

Turnover
WE ARE INFORMED the turnover averages £5,000 p.w. including some local deliveries (generating iro £500 p.w.), in our opinion the business offers tremendous potential for further development in the right hands. We are further advised that the gross profit is in the region of 55%. We are further advised that the sales year ending August, 2017 showed £255,000 with a gross profit of £135,000 i.e. 53% approx. with a net profit of £46,800.

Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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