Delicatessens for sale in Leek

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Well Established Deli - Staffordshire

Leek, Staffordshire, England

  • Leasehold Price: £85,000
  • Annual Turnover: £226,207
  • Annual Gross Profit: £107,232
Seller Reference: 6693
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Business Description
 
 
 
 
 
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Seller Reference: 6693
Request Details
Business Description
Historic Town Location
Accounts Available To Year End 31st August 2019
Annual Turnover £218,875
Gross Profit £104,208
Accounts Available After Viewing
Low Rent of £187 Per Week
Resilient Throughout COVID 19
25 Year Trading History
5* Food Hygiene Rating
Well Equipped & Presented Throughout
Fantastic Online Reviews
Retirement Sale
EPC - C
REF 6693 – Leasehold Well Established Deli

Blacks Brokers are pleased to bring to the market this leasehold well established deli located in the historic town centre of Leek, Staffordshire.

INTRODUCTION

Pronto Delicatessen has been trading on Sheep Market for over 25 years. Our client took ownership of the business in 2011 and has since grown the business further into a very popular and highly reputable deli. The business has an excellent reputation in the area with a large base of regular customers and enviable online reviews with strong followings on the businesses Facebook and Instagram pages.

LOCATION

The business is positioned in the centre of Leek, the area is well known for it's diverse range of independent businesses. The area is well linked by the M6 and A523 with good public transport links. The trading position not only boasts of local and passing trade but is also popular with the tourists with so many tourist attractions in close proximity.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The current lease is a six year lease which began in 2017 at a cost of £187 per week.

BUILDING LAYOUT AND DESIGN

Pronto Delicatessen operates from a beautifully presented mid terraced property within a charming parade of shops. The business is well branded with large signage displayed above a matching glazed frontage. Inside, it is traditional in appearance with deli counter to the back of the shop floor and free standing display units and furniture in place – this includes seating for seven. The counter is fitted with display fridges and fresh products are displayed behind. To the rear is a modern, well equipped kitchen and preparation area. There is also a laundry room and staff toilets. Outside of the property to the front; there is additional seating.

STAFF

The business is currently operating with seven members of part time staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Pronto Delicatessen has traded well since opening and has blossomed since our client took ownership in 2011. Accounts for year ending 31st August 2019 show annual turnover of £218,875 and gross profit of £104,208. Compared to other similar businesses which has unfortunately had to close this particular business has been resilient throughout Covid 19 and has seen sales increase to circa £5,000 per week. Full financial details are available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position in a historic area of Leek. There is plenty of scope to develop the business further with the introduction of new product lines, a web site to promote hampers etc and an outside catering service. This proposition would ideally suit an owner operator or team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
During 2020 The Following New Equipment Was Purchased:

Electric Awning Outside

Brand New Coffee Machine

Brand New Dishwasher

New Water Heaters x 2

New Lighting In Kitchen

& Much More
Trading hours:
MON - SAT: 08:00 - 17:00
SUN: CLOSED
Tenure:
Leasehold
Location Details:
Leek
Leasehold Term:
£187 Per Week
Listed by:
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