Sandwich Bar/Cafe

Hull, Humbershire
REF: 01165

Asking Price:
£19,950
Annual Turnover:
£48,000
Annual Net Profit:
£12,808
Recently Sold
REF: 01165
Photo of Sandwich Bar/Cafe
Photo of Sandwich Bar/Cafe
Photo of Sandwich Bar/Cafe
Photo of Sandwich Bar/Cafe

Overview

Tenure:
Leasehold
Established:
2010
  • AT: £75,000
  • Net Profit: £12,880
  • Well fitted with high asset value
  • Owner Ran
  • Viewing Essential

A recently renovated Sandwich Bar that holds a near monopoly position within a densely populated and passed marketplace.

This is a rare opportunity for any owner operator to build on what is an already strong and consistent platform.

This fine example of a Sandwich Bar trades from a ground floor lock up unit that has recently been renovated. The building is of a deceptive size and is in need of no work whatsoever.

The business is entered through a single doorway within the centre of a smartly presented and secure shop front. This leads into an open plan and spacious dining and serving room with a large counter on the right hand side.

The floor has been well designed to amalgamate preparation and serving space with seating for 8 positions inside, plus 6 more outside. The counter is highly efficient and separates the high calibre kitchen from the cafe area.

To the rear of the main area are two further rooms; these are currently in use as an office/store room as well as a utility room complete with rear entrance.

Intelligent Business Transfer are delighted to offer to the market this exciting opportunity to acquire a stunning sandwich bar and deli which has had an extremely successful period of trading in the current owners' possession.

The business has sustained excellent turnover, and although it is currently around £1576 per week, there is scope to grow this alongside the strong profits that are currently tangible.

The business is ran by an owner operating partnership alongside a competitive team of staff, with two part time members of staff working the business daily.

The business is fitted to an excellent standard and was recently completely renovated without compromise to cost. The property now boasts a very modern and welcoming atmosphere within a deceptively large and highly efficient space.

The current owners have had the business for just over three years - the property was fitted for purpose by the current landlord and was previously used as office space.

The business is almost guaranteed footfall and passing trade due to the main road position. There would be scope for any purchaser to maximise the opening times into the weekend, as well as opening later in the afternoons.

The business is on a leasehold assignment and this lease can either be taken over or negotiated with the landlord.

The current owners is looking to sell due to a planned move away from the area. After achieving and passing initial success expectations, the business is extremely well primed to be purchased and grown furthermore.

The business would be perfect for a couple who can run the core business between them, reducing overheads and increasing profitability.

Viewing is essential.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
4
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

Refine

Miles
£
£
£
£
Timed popup