Superb Sandwich Bar & Café in Southampton

Southampton, Hampshire
REF: 01840

Asking Price:
£35,000
Annual Turnover:
£93,600
Annual Net Profit:
£24,000
Recently Sold
REF: 01840
Photo of Superb Sandwich Bar & Café in Southampton
Photo of Superb Sandwich Bar & Café in Southampton
Photo of Superb Sandwich Bar & Café in Southampton
Photo of Superb Sandwich Bar & Café in Southampton

Overview

Tenure:
Leasehold
Established:
2002
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge growth potential
  • Recently Refurbished

Established over 14 years is this superb coffee shop, café and sandwich bar.

This is a locally renowned business with tastefully presented and nicely appointed décor, with brilliant ambience.

This is a profitable baguette and sandwich business, with multiple cake, coffee, and tea offerings to eat and drink in or out, with around 15 covers inside and pavement licence for several external covers.

This would make a brilliant first time buyer opportunity or excellent for husband and wife team.

Entered from a large pavement frontage, with large window elevation, is a substantial café and sandwich bar briefly comprising of loose tables and chairs both internally and on the pavement.

There is a front of house over serve and glazed servery with full equipped coffee and sandwich preparation and serving area.

These are nicely appointed premises throughout with lovely décor and ambience, good sized, tidy, and fully equipped rear kitchen, storage, complete with white goods, wash-up and ancillary areas.

The property has access to the rear outside, where there is further storage and ancillary areas to a small lock up outhouse.

Overall, an excellent premises that is hugely turnkey and has been well kept and maintained over time. The premises are held on a 15 year lease from 2007, with 7 remaining subject to a rent of £14,000 per annum.

Intelligent Business Transfer are extremely pleased to offer for sale this leasehold café, coffee shop and sandwich bar situated in a desirable and popular suburb of Southampton.

Ideal for a husband and wife team, or first time buyer, the business has been in our client’s hands for 14 years now. It is locally renowned for sandwich fillers, coffee and cakes.

The most recent turnover shows and average of £1,800 per week with adjusted net profits of £24,000 per annum. Minimal outgoings, and offering a larger selection of sandwiches, this is a hugely profitable business with great mark-up, standing the test of time since 2001.

Plenty of scope and growth remains for a buyer to push the business forward and build on the excellent historic trade and accounting information.

There is currently mixture of food and drink both in and out with the possibility to add extra services to the shop floor and to build on a local social media and online presence.
Deliveries and sandwich rounds to local offices and businesses would be another growth opportunity here.

In all this is a great starter business that has proved it staying power, available due only to our client’s health and well worthy of further investigation.

Location

Property

Annual Rent
£14,000
Annual Rates
£5,000
Lease Term (Years)
7 years remaining
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
D 76-100

Financial & More

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

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