DOUBLE FRONTED MEDIUM SIZED SANDWICH BAR fully equipped including cool display serveover counter, electronc cash register, preparation area with stainless steel cladding to walls, electric fan assisted oven, Lincat electric grill, 2 hot cupboards, double panini toaster, 4-pot bain marie, small fridge, automatic hot drinks machine (on lease), 2 hot display units.
FIRST FLOOR SPACIOUS PREPARATION KITCHEN with 2 electric fan assisted ovens, 4-burner electric hob, gravity feed slicer, walk-in coldroom etc.
Included in the sale is 1 Fiat Van (approximately 10 years old) plus 1 DFS refrigerated van approximately 1 year old with oven (this van is on a leasing agreement to be taken over at approximately £400 per month)
The arcade has staff toilet facilities.
Turnover : WE ARE INFORMED the turnover is in the region of £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. Included in the turnover is a sandwich round accounting for approximately £300 per day of the overall turnover. The sandwich round operates Monday - Friday inclusive within an approximate 5 miles radius of the sandwich bar and operates between the hours of 8 a.m. & 2 p.m. In addition there are additional deliveries, including buffets, accounting for a further £100 per day of the overall turnover, this is operated within a maximum 5 miles radius and operates 5 days per week 8.30 a.m. - 1.30 p.m. In addition a trolley is operated to 2 offices per day accounting we understand for a further £150 per day of the overall turnover. The trolley also operates 5 days per week from 9.30 a.m. - 12.30 p.m. The business also supplies sandwiches and drinks to a local school (school terms only) which we understand provides a turnover of approximately £70 per day of the overall turnover 4 days per week. We are further advised that the sales year ending 30th April, 2015 showed £327,313 with a gross profit of £181,231.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £84,000 plus STOCK AT VALUATON
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
The Sanwich Bar is operated 6 days per week Monday - Saturday inclusive - 6.45 a.m. - 4.30 p.m. in our opinion there is potential for additional opening hours and indeed for Sunday opening, if desired.
Number of Employees:
The business is at present operated by the vendor on a part time basis with the assistance of 1 full time manager plus 4 part time staff plus 1 part time staff & 1 Saturday girl. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced.
Situated in a shopping arcade which is in the course of being refurbished, city centre, CAMBRIDGESHIRE
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