Sandwich Bar, Major Franchise
Price:
Leasehold - £139,995
Location:
Essex , Town Centre, near Chelmsford
Business Type:
Food Service Businesses, FRANCHISE RESALES
£139,995 LEASEHOLD
10 YEAR LEASE
PEDESTRIAN TOWN CENTRE
CLOSE TO MAJOR STORE
TASTEFULLY DECORATED
EXCELLENT PROFIT MARGIN
GENUINE REASON FOR SALE
SAME OWNER THREE YEARS
TURNOVER £4,000 + PER WEEK
RENT £18,000 PER ANNUM
DESCRIPTION:
As previously mentioned this major franchise Sandwich Bar is situated in a pedestrian area of this Essex Town and is approached via a pedestrian area with fully glazed entrance door and to the front aspect externally tables and chairs for 16 covers. To the front there is a plate glass window ideal for the display of posters etc. The Sandwich Bar has internally 20 covers seated at tub chairs and tables, and also elevated stools and tables. The main area is fully tiled with illuminated menu display and fully equipped with baking oven, toaster, microwave ovens, coffee machine, Coca Cola post mix, Coca Cola refrigerator for cold drinks, customer toilets with disabled facility.
PREPARATION AREA:
The preparation area has a fully tiled floor, walk-in freezer, walk-in fridge, stainless steel tables, three bowl stainless steel sink unit with drainer, suspended illuminated ceiling, access to the rear with parking for one vehicle.
TURNOVER:
We understand from the Vendor the current turnover is in excess of £4,000 per week, working on the exceptionally high gross profit margin this trade produces. However, we feel with a hands on owner/occupier, the turnover could be increased quite considerably.
PRICE:
We are instructed by our Vendor Client to offer this highly lucrative business for sale at a price of £139,995 to include the benefit of the remainder of the lease, the abundance of fixtures and fittings and 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:
Paviour Property Services are favoured with instructions to offer for sale this superb major franchise Sandwich Bar, situated in a relatively new town within Essex, being located within easy walking distance of major superstore and being in the pedestrian town centre close to all major stores and banks, including Barclays and HSBC.
TENURE:
The premises are currently held on a lease with ten years remaining at a rental of £18,000 per annum.
OPENING HOURS:
The business is currently operating between the hours of 8 am until 10 pm seven days
North Yorkshire
£ 750,000
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