Well located Sandwich Bar and Café

Leeds, West Yorkshire
REF: 01755

Asking Price:
£34,500
Annual Turnover:
£78,000
Annual Net Profit:
£6,600
Reduced
Recently Sold
REF: 01755
Photo of Well located Sandwich Bar and Café
Photo of Well located Sandwich Bar and Café
Photo of Well located Sandwich Bar and Café
Photo of Well located Sandwich Bar and Café

Overview

Tenure:
Leasehold
Established:
2005
  • Spacious Premises
  • Low Overheads
  • Equipment Included

This is a very well recognised business that has been trading in its current position for over a decade. The business sits in an outstanding trading position on a small covered parade within a residential suburb of Leeds.

The reputation for the business is outstanding due to the improvements made by the current owner operator.

The set up of the business is outstanding and the owner runs a successful and manageable business model that has proven profitable success with both internal and developable external catering. There is huge potential to grow on this success furthermore.

The property that the business trades from is bursting with character whilst remaining extremely practical and accessible to a range of customers.

The modern retail style parade unit has been trading in the hands of the current owner for the past eight years, where continued improvements have been carried out to a pleasing standard.

The business is entered through a single doorway that is located at the front of a well signed and presented front.

The character and presence of the building is immediately felt on entrance due to the open plan layout and spacious waiting area that has around 15 covers that are suited for prams and larger groups with children.

The serving and preparation area is at the rear of the unit and is split into separate counters for separate produce. There is a separate back kitchen within the unit with a functional cold room as part of a council owned building with a very fair rent of £190 per week.

Intelligent Business Transfer are delighted to announce their instruction of this hugely popular and firmly established business that has been trading in the hands of its current owner for over eight years whilst being established as a deli for the past decade.

The business is filled with character and remains as a traditional sandwich bar/café that caters for a vast range of customers that is complimented by the potential and infrastructure for an external catering arm. The business has been very well developed by the current owner who operates the business alongside a competent team of staff.

The business successfully fills a gap in the local market of Whinmoor and has been trading within its current position since inception, the current owner has tangibly improved the business with strong growth and a favoured reputation.

The takings for the business are always above £1500 per week which produces strong profit margins due to low overheads. There is potential to increase the net profit to £20,000 in the hands of an owner operating partnership who could maximise the potential on offer.

The current owner has grown the business organically since taking over the business from the founding owner. The reviews of the business are outstanding and the overall condition, efficiency and feel of the business is a credit to the owner who wishes to sell due to personal reasons.

Location

Property

Annual Rent
£8,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
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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