City Business Brokers are pleased to bring to the market this superb Bakery, Patisserie and Delicatessen.
The business is centrally located in a popular Shropshire town and benefits from a superb trading position.
There has been a food-based business on these premises for many years but the current owners have reluctantly decided to sell the business due to unforeseen personal circumstances.
The Business sells a comprehensive range of groceries, cooked meats, freshly-baked breads, cakes and pastries, fresh cream cakes, sandwiches and rolls prepared on the premises daily.
The overriding comment on this business is the potential, which is not currently being realised.
A new owner should certainly embrace the following initiatives:
• Extend the opening hours
• Advertise aggressively and embark on a marketing campaign
• Create a website to extol the services and products offered
• Maximise the use of social media
• Offer a delivery and outside catering service
Location: The business is located in a well-known Shropshire town with support from both local and tourist trade and enjoys plenty of footfall.
Shop premises: The business is well-signed, nicely presented and maintained with plenty of free and pay and display parking available.
Tenure: We are advised leasehold and the current lease expires late in 2023. The rent is a very reasonable £14,000 with Business rates of £3800 p.a.
Hours: Monday to Saturday 9.00 am to 4.00 pm. Sundays and Bank Holidays closed.
Staff: The business is owner-managed with the help of part-time staff and, in order to maximise profits, would benefit from being run by hands-on owners/partners.
Financial Profile: The business enjoys a turnover of £2800 per week and growing.
Fixtures and Fittings: The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.
Lease until late 2023.