Sandwich Bar

Sheffield, South Yorkshire
REF: 01176

Asking Price:
£10,000
Annual Turnover:
£41,600
Annual Net Profit:
TBC
Recently Sold
REF: 01176
Photo of Sandwich Bar

Overview

Tenure:
Leasehold
Established:
1992
  • Huge growth potential
  • Excellent Reputation

A fantastic opportunity to purchase a well established and superbly fitted Sandwich Bar. The business is very well located on an extremely business parade of small businesses in Handsworth

The terraced parade lock up unit is entered through a single doorway to the left hand side of a smartly presented shop front. This leads directly into an open plan shop floor that is very well fitted in an open plan layout. The waiting area makes efficient use of space with a breakfast bar with around 3 stools.

This is separated from the kitchen and preparation area by two serving and display bars. The commercial kitchen is of a terrific standard and is in need of no work what so ever. There is another, smaller kitchen that is to the rear of the main area which leads through to the rear entrance of the building.

Intelligent Business Transfer are pleased to bring this well established Sandwich Bar and Deli to the market for the first time in its current state.

The business sells a high quality range of drinks and made to order food and sandwiches. The business is run by a successful owner operator who purchases fresh salads and produce from local suppliers.

The business is extremely well known and has been well managed and grown in the hands of the current owners. The business trades from a highly practical and efficient leasehold premise in South Yorkshire, the business has reached such a level of success that it holds a near monopoly control of the local market and is on the main pathway from the area’s school and main bus stop.

The business has ascertained a strong financial position even during difficult economic seasons, currently the business generates around £700 on average weeks; previously the business offers a wider delivery radius and exceeded £1200 on most weeks. There have always been high profits within the business with GP hovering at an average of 70%. The business prices fairly and has many promotional offers at certain times of the day.

Currently the business has fairly limited openings and trades 6 days per week closing at 14:30. There would be immediate potential for any purchaser to lengthen these times and maximise revenue and return four figure weekly sales.

There is a high asset value with the sale with a fully functioning commercial kitchen that is in need of no work at all. The condition and upkeep of the building is a credit to the current owners who wish to sell to move on from a successful career within the industry.

Early viewings are advised as priced for a quick sale.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
15
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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