Sandwich Shops for sale in Bury

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Established Sandwich Shop - Bury

Bury, Greater Manchester, England

  • Leasehold Price: £25,000
  • Sale Agreed
  • Annual Turnover: £57,051
  • Annual Gross Profit: £28,872
Seller Reference: 7277
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Business Description
 
 
 
 
 
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Seller Reference: 7277
Request Details
Business Description
Located On Busy Parade Of Shops
Accounts Available Year End 31st March 2019
Annual Turnover £57,051
Gross Profit £28,872
Accounts Available After Viewing
Low Rent £100 Per Week
Owner Operator
Indoor Seating For 10
Scope To Introduce Deliveries
Potential To Extend Opening Hours
Would Be Ideal For Outside Catering
Could Suit Any Cuisine
EPC - F
REF 7277 – Leasehold Established Sandwich Shop

Blacks Brokers are pleased to bring to the market this leasehold sandwich shop located in Bury, Greater Manchester.

INTRODUCTION

Daphne's Sandwich Shop was established in this busy area of Bury in 2000, our client has been in ownership since 2012. The business offers a range of freshly prepared hot and cold sandwiches as well as pies and sweet treats. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online.

LOCATION

Daphne's Sandwich Shop occupies a main road trading position within a parade of shops and offices. The area is densely populated both residentially and commercially with neighbouring businesses including independent retailers as well as large multiples such as McColl’s and The Post Office. There is also a large college and busy high school nearby along with a busy business park. The area is well linked by the M66 with very strong public transport links and parking is available immediately outside and in the surrounding area.

REASON FOR SALE

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

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2012 at a cost of only £100 per week.

BUILDING LAYOUT AND DESIGN

Daphne's Sandwich Shop operates from the ground floor of a spacious end terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. To the right hand side of the main shop window is a decking area which is used for seating in nicer weathers. Inside, there are three rooms. The servery/counter is positioned to the front of the shop with glass display counter, menu boards and coffee machines. To the rear is a well fitted kitchen with a large preparation area, this is fitted with gas ovens, panini press, deep fat fryers, microwaves, stainless steel worktops and much more. The third room is currently used as a stockroom and is used for over spill on busy days, this room would be ideal for buffet/outside catering preparation. All areas are well equipped and presented nicely.

STAFF

The business operates with our client in full time employment supported by one part time member of staff with some additional assistance from family members during busier periods.

FINANCIAL DETAILS

Daphne's Sandwich Shop has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2019 show that the business has an annual turnover of £57,051 with a gross profit of £28,872. Full financial information is available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY

This highly reputable and long established business occupies an enviable trading position in a bustling and popular area of Bury. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, possibly a delivery service where appropriate as well as new menu choices and even outside catering. The business would also benefit from additional advertising on social media. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Coffee Machine

Microwave x 4

4 Ring Burner Gas Oven

Buffalo Panini Press x 2

Double Deep Fat Fryer

Single Deep Fat Fryer x 2

Buffalo Bain Marie

Buffalo Quartz Grill

Chilled Glass Display Cabinet

Fridge Freezer x 3

Stainless Steel Work Benches

Griddle

Toaster x 3

Till

Assortment Of Pans, Utensils, Crockery & Much More
Trading hours:
MON - FRI: 08:00 - 15:00
SAT & SUN: CLOSED
Tenure:
Leasehold
Location Details:
Bury
Leasehold Term:
£100 Per Week
Listed by:
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