Hilton Smythe welcomes to the market J K Snack Bar. The sandwich bar was originally established 6 years ago, our client then took over the business 1 year ago. The owner is looking to sell the shop, due to the desire to focus on other business interests.
The sandwich bar offers an excellent variety of high quality foods. They sell hot and cold sandwiches, jacket potatoes, breakfasts, salads as well as hot and cold beverages. This is an excellent menu that has proven to be very popular. The shop sees a large amount of custom from passing trade, there is also repeat trade from the locals in the area.
The business is currently generating an advised turnover of around £50,000 per annum, with a gross profit of 60%. This is a healthy turnover that could be increased.
Our client runs the business at a steady pace to suite them and so, there is scope to increase trading hours, to maximise the amount of custom each day. A delivery service could also be very popular in this busy location, there are many businesses and residential properties, for which this service could be offered. However, if the new owner doesn’t want to offer deliveries, there is the option to expand indoor seating. There are currently 10 covers in the sandwich shop, this could be increased with a new layout.
This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
J K Snack Bar is located in Sheffield, South Yorkshire.
The business is situated in a busy location fronting a main road. The sandwich shop is amongst several businesses, directly facing there is a large pub, clothing store, Co-op Pharmacy, Co-op store, betting shop, off licence and there are more shops next door. This is a popular location that receives large amounts of heavy footfall and passing trade daily. This is a highly residential location, from which the sandwich shop receives a large amount of trade.
The road on which the business is located, is an arterial road that connects to the A57 and the A6102. Directly outside the sandwich shop is a bus stop, this has regular daily routes into Sheffield. The business is approximately just a short 15 minute drive away from Sheffield. The closest train station is also just a short 10 minute walk away.
J K Snack Bar is well-signed, with clear bright signage; this is visible to passing trade. There is a large window across the front, this allows for a bright and airy retail space.
Inside the sandwich shop is open plan seating and a service area. On entrance there is a seating area with a sofa, table and chairs; this is for customers awaiting food and for those eating in. There is more space in the café to add further seating, if required.
The main counter is to the back of the room, where there is a glass serve over counter, drinks chiller and counter top Bain Marie. Behind the counter is the preparation area, this has cookers, ovens, fryer, shelving and drink making facilities.
Through to the rear, there is a staff area with W/C. At the back of the property is a yard area, this is where the bins are kept.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 5 years
Remaining lease length: 4 years as of 2016.
Rent: £7,680 per annum
The business opening hours-
Monday - Friday: 7am – 1:30pm
Saturday: 8am – 1pm
The business is run and managed by our client, with the help of 2 part time members of staff.
The business generates a turnover in the region of £50,000 per annum.
Gross profit 60%
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