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Reference R2668

Established Bakery and Sandwich Bar in Greater Manchester For Sale

Register to see map and to make an appointment Situated in a Parade, main road trading position, residential area, Greater Manchester.

Turnover £ 6,500
Price £94,500

Features

Established Bakery / Sandwich Bar

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 1,000 ft², Industrial non slip flooring, suspended ceiling with LED and tube lighting.

Customer waiting area with chairs.

Sales counter - 2 Epos cash registers, 2 soft drinks fridges (Coke and Monster).

KITCHEN - Stainless steel extractor, flat grill, 2 burners, double basket deep fat fryer, toaster, microwave, 6 burner hob, 2 ovens, 4 freezers (3 single door freezers, 1 chest freezer), 5 fridges, double sink with drainer, wash hand basin, stainless steel preparation table, washing machine, etc.

Preparation room, dough mixer, roller.

Staff cloakroom with toilet and wash hand basin.

Stais to the first floor

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. - £7,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the Staff with 1 full time and 3 part time staff employed, plus 2 drivers.

We are informed the wage bill averages £1,800p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 a.m. - 2 p.m.
SUNDAY 9 a.m. - 2 p.m.

Accommodation

THE ACCOMMODATION entrance via the shop to Flat above;

2 double bedrooms
Shower room.
Separate toilet.
2 rooms used for storage, sink, washing machine, 4 freezers.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £15,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024 AND OFFERED FOR SALE DUE TO THE VENDOR MOVING BACK TO THE MIDLANDS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £94,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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