BAKERY GROUP - FIVE SHOPS - OUTER LONDON - M25 BELT - GROUP TURNOVER - £1,452,830 - RETIREMENT SALE - FINE OPPORTUNITY FOR YOUNGER OWNER
Genuine Retirement Sale - Old Established Bakery Group - Central Bakery with Five Shops all within close proximity for ease of supply and management control. Busy Area - Outer London / M25 Belt
The retail units are located in good trading sites, generally secondary areas at economic rents with high density surrounding populations and good footfall.
All smartly fitted with long serve-over counters incorporating ambient, chilled and heated sections, EPOS till systems connected to central management office together with CCTV monitoring.
The Central Bakery (approx. 1,425sq.ft. - 132m2) is comprehensively equipped.
The Business:- Trading account figures show Turnover £1,452,830 with Gross Profit circa 45% after Production Wages £310,997 Power £41,698. Net Profit £73,923. It is considered this latter figure has potential for substantial increase with new younger management in full health and renewed enthusiasm. Accounts will be available.
Price required for goodwill, leases, tenant’s fittings, fixtures, utensils, plant and equipment:- £195,000 STOCK EXTRA AT VALUATION
Busy Area - Outer London / M25 Belt