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Major Franchised Sandwich Bar

Price:
Leasehold - £79,995
Turnover:
Register to view
Seller Ref:
C320
Location:

Essex , Town Centre, near Chelmsford

Business Type:

Food Service Businesses, FRANCHISE RESALES

See Other:
Sandwich shops for sale in Essex
Food franchise resales for sale in Essex
Food service businesses for sale in Essex
Franchise resales for sale in Essex
Description:
THE BUSINESS:
JUST £79,995
7 YEAR LEASE
HIGH STREET LOCATION
FIRST FLOOR SEATING
TASTEFULLY DECORATED
EXCELLENT PROFIT MARGIN
GENUINE REASON FOR SALE
SAME OWNER THREE YEARS
TURNOVER £2,500 PER WEEK
RENT £15,500 PER ANNUM

DESCRIPTION:
The Sandwich Bar is approached via the walkway of the High Street and is entered via a fully glazed door with picture windows to either side, ideal for display of posters etc. The ground floor has seating for 14 covers with illuminated menu sign, fully tiled floor and very tasteful themed decorated walls, an abundance of sandwich filling pots, baking oven, various microwave ovens, Coca Cola refrigerator for can and bottle drinks, suspended illuminated ceiling, customer toilets with wash hand basin, storage area.

PREPARATION ROOM:
Fully fitted with four refrigerators, walk-in freezer, three bowl stainless steel sink unit with drainer, stainless steel work surfaces and all ancillary equipment required to operate this very successful business.

FIRST FLOOR:
Very tastefully decorated in themed colours, with settee style seating for 26 covers, inset ceiling lights, tiled floor, dado rail, two windows overlooking High Street, storage cupboard,

OUTSIDE:
Small yard at the rear of the premises with possible parking space and ideal for bins etc.

TURNOVER:
We understand from the Vendor the current turnover is some £2,500 per week, working at the usual excellent gross profit margin this trade produces. However, we understand from the Vendor, who has recently had to leave this business, that whilst he was managing the turnover was in excess of £4,000 per week.

PRICE:
We are instructed by our Vendor Client to offer this most lucrative business for sale at the very realistic price of £79,995 which would include the huge range of fixtures and fittings, the remainder of the lease and the goodwill. Stock to be purchased at valuation.

AGENT’S NOTE:
All interested parties will need to find out the full Franchise charges from the current owner and we urge any interested party to view this premises immediately, as quality businesses of this nature very rarely become available.

VIEWING:
By prior appointment with PPS on 01702 602888.

TERMS:
Each party, Vendor and Purchaser are responsible for their own legal fees. Each party, Vendor and Purchaser, are responsible to pay 50% each of the Landlords costs in assigning the lease.
Location Details:
LOCATION: Paviour Property Services are favoured with instructions to offer for sale this excellent major franchise Sandwich Bar situated in a High Street location of a well known Essex Town, close to Chelmsford.
Lease Terms:
TENURE: We understand the lease has seven years remaining, which is renewable, and the current rental is £15,500 per annum.
Trading Hours:
OPENING HOURS: The business currently trades between the hours of 8 am until 7 pm seven days per we
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