Highly Profitable Sandwich Bar In Sheffield

City Centre Location
Long Established Business
Accounts Available YE 30/04/2019
Annual Turnover £217,738
Gross Profit £103,259
Prominent Town Centre Trading Location
New Lease Offered Upon Sale
Scope To Introduce Deliveries
Loyal Repeat Customer Base
Potential To Open Later & Trade Sundays
5* Food Hygiene Rating
Relocation Sale
EPC - D
REF 6489 – Leasehold Sandwich Bar

Blacks Brokers are pleased to bring to the market this leasehold sandwich bar located in the bustling city centre of Sheffield, South Yorkshire.

INTRODUCTION

Sandwich Division Ltd has been trading on Division Street since 1998 with our client in ownership since 2012. The shop has firmly established itself within the local community, gaining a large, repeat customer base in addition to an excellent reputation. The business has retained a fantastic Five Star food hygiene rating. Our client has secured strong relationship with locals and the business is well used by local workers and students from The University of Sheffield.

LOCATION

Set within a busy parade of shops and other local businesses, Sandwich Division is close to the city centre of Sheffield and is within walking distance of the main city square, major tram links and the university. Sheffield is well linked by the M62 and M1 with excellent public transport links and parking is available in the immediate vicinity.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator and is only available due to our client’s relocation. Therefore, 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 building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. A new lease will be fully negotiated upon sale of the business.

BUILDING LAYOUT AND DESIGN

Sandwich Division Ltd operates from a mid-terraced property. The business is very well branded with modern, bold signage displayed above a glazed frontage. Inside, the customer waiting area is presented nicely, with clean, fresh décor, laminate flooring and chilled servery creating a counter area. There are also drinks fridges and a hot food warmer in place with menu boards displayed above. To the rear of the counter is a preparation area with till and kitchen with staff toilet facilities. All areas are immaculately presented with high quality fixtures & fittings in place.

STAFF

The business is currently operating with five members of staff in employment. This includes our client working on a full time basis in a hands on role. The staff are experienced and reliable and could give a new owner reassurance of continued success under new management.

FINANCIAL DETAILS

Sandwich Division Ltd has traded solidly since opening. We are advised that the business currently has annual turnover of £217,738 with gross profit of £103,259. Full financial details are available upon viewing.

BUSINESS RATES

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

SUMMARY

This leasehold business occupies an excellent trading position in the bustling city of Sheffield. Our client has secured a strong repeat customer base and well known brand in this area. There is plenty of scope to develop the business further with the introduction of a local delivery service and possibly lunchtime catering for local businesses. The business may also benefit from partnerships with websites such as Just Eat, Deliveroo and so on. 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:
Chilled Servery

Hot Food Display

Electric Till

Pannini Grill

Griddle

Commercial Oven

Grill

Bain Marie

2 Fridge

Freezer

2 Toasters

2 Microwaves

Coffee Machine (Leased)

Drinks Fridges