Sandwich Shops for sale in Thame

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Locally Renowned Sandwich Bar Business

Thame, Oxfordshire, England

  • Leasehold Price: £95,000
  • Turnover: £267,985
  • Gross Profit: £92,213
Seller Reference: B05533
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05533
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Buddies Sandwich Bar in Thame Oxfordshire. The business has been owned by the current vendor for over 16 years in which time it has built up an excellent reputation for quality and service within the town and which due to retirement this very rare and exciting opportunity has now become available.

The site has become very well known in the local area and has coined the phrase “Let’s go for a Buddies” the business serves a delicious range of freshly prepared hot & cold sandwiches, cakes and jacket potatoes plus a range of tasty beverages.

The business has huge growth potential and would be ideal for either an established operator looking for an additional site or an individual or partnership looking for their first business venture with a well-established trading history which generates attractive profits and represents a very swift return on initial investment.

The site also provides a delivery service to local businesses with 17 regular corporate customers who often request buffet lunches for clients and events creating another area for future growth along with developing an on-line presence with an additional ordering platform.

This represents an excellent business opportunity within such a sought-after trading location with very affordable in-going and running costs representing a rapid return on investment, a turn-key business opportunity, the site is currently being refurbished with the current works finishing shortly.

Location
Situated on the High Street in the much sought-after trading location of Thame market town in Oxfordshire. The site is easily accessible on foot and by all modes of transport with plenty of free short stay parking to the front of the site and within Thame itself.

Premises
Ground floor trading area within a period property, entrance from the street through to main service counter and sandwich bar with display unit, coffee machine, hot plates, stainless storage units microwave ovens, toasters, stainless counters and storage binnacles, additional storeroom to the rear with office and WC.

The site is currently being refurbished. Sign written delivery van available by separate negotiation.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £10,000 per annum on a rolling lease with new lease terms to be agreed.

Hours
The opening hours are currently 6.30am to 3.00pm Monday to Friday and 7.00am to 2.00pm on Saturday.

Staff
The business is managed by the current vendor with the assistance of 4 x full time & 4 x part time staff.

Financial Profile
We are advised the business is turning over in the region of £268,000 per annum, with a gross profit of £92,224, producing very attractive returns.

There are no business rates or service charges payable.

Tenure:
Leasehold
Listed by:
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