Cafes for sale in Thatcham

View the "A3 licence Sandwich Bar and Cafe" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £42,500 Price Reduced Sale Agreed Turnover: £70,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Dave’s Sandwich Bar.  The business has been established since the 1950’s with our client successfully running the business since inception in 2010.

The sandwich bar and cafe is in a great location seeing a lot of repeat trade and is well supported by local residents and businesses.  Dave’s Sandwich Bar reports a healthy turnover of £70,000 with a good gross profit.  

The café area is light and airy with around 15 covers and serves a good selection of hot and cold sandwiches, breakfasts, jacket potatoes, tempting savouries and sweets.  All accompanied by a good choice of hot and cold beverages.  The business holds an A3 licence.  Our client is Portuguese and also offers a range of produce from this country for sale.

We believe the business has potential for further growth by perhaps adding additional items to the menu, increasing opening hours and introducing a delivery round in the locality.  The business would also benefit from a modest marketing campaign to further promote awareness.

Early viewing on this turn key business is highly recommended with the business genuinely coming to the market as our client looks towards a well-deserved retirement.

LOCATION
The business is located in the town of Thatcham in historic Berkshire.

Dave’s Sandwich Bar occupies a prime trading location within a busy retail parade, on the main A4 thoroughfare through the town.  The business is ideally located close to densely populated residential areas with heavy passing traffic and excellent footfall throughout the day.

Thatcham straddles the River Kennet and is around 3 miles from Newbury, 14 miles from Reading and circa 54 miles west from London.  The area is served by its own railway station and has regular bus services running through the town with a bus stop conveniently positioned opposite the retail parade.  There is also free parking directly to the front.

PREMISES
Mid parade premise briefly comprising:

Bright spot lit café area with table and chairs for 15 covers, new flooring fitted a year ago.

Self-standing shelving unit displaying Portuguese products.

Chilled serve over counter housing ingredients and freshly made sandwiches and pastries.  Behind the counter is a coffee machine, sandwich press, worktop hot plate for frying and a counter top industrial microwave oven as well as a hot counter.

Coca cola drinks fridge

To the rear is the well-equipped kitchen area which has a sink, ample worktops, storage area, industrial oven, chest freezer, deep fat fryer, dishwasher and fridge.

Toilet facilities

Door to the back of the retail precinct where staff can park (no restrictions for staff).

Parking is also available for free in this small precinct.

Equipment includes:

Chilled deli counter

Stainless steel tables and chairs

Microwave

Toaster

Sandwich press

Hot counter unit

Hot plate

Coffee machine

Drinks fridge

3 door stainless steel under counter fridge

Stainless steel Cooker hood

Spare chilled counter

Chester freezer

Industrial oven

Dish washer

2 x upright fridges

Till

TENURE
We are advised leasehold

The original lease length is 10 years

Reviewed every 5 years and recently renewed

Rent is £11,750 per annum.

HOURS
The business opens:-

Monday to Friday 06.30 – 15.00

Saturday 07.00 – 14.00

Sunday closed.

STAFF
The business is owner run and managed with the assistance of 1 part time member of staff.

FINANCIAL PROFILE
Dave’s Sandwich Bar reports a healthy turnover of £70,000 with a good gross profit.  



Tenure: Leasehold

Listed by: Hilton Smythe
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