Sandwich Shops for sale in Wakefield

View the "Long Established Sandwich Shop In Wakefield" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £49,995 Annual Turnover: £83,000 Annual Gross Profit: £48,047 Annual Net Profit: £7,311
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Business Description
Established Since 1978
Annual Turnover £83,000
Gross Profit £48,047
Parking Directly Outside
Low Rent & Rates
EPC - E
REF 5983 – Leasehold Sandwich Shop

Blacks Brokers are proud to bring to the market this leasehold sandwich shop located in a densely populated area of Wakefield, West Yorkshire.

INTRODUCTION

Crumbs has been trading on Eastmoor Road for over 40 years, with our client in ownership since 2009. During that long and impressive trading history, the business has gained a large base of regular, local customers and has firmly established itself within the local community, offering a range of breakfast and lunch menu options and fresh produce.

LOCATION

The business is located on a busy main road with two large schools and a hospital close by. The area is densely populated, with a further 180 new homes being built nearby. The area brings much repeat trade in addition to plenty of passers-by and visitors to the area. Parking is available directly outside.

REASON FOR SALE

Crumbs is only being offered for sale due to our client’s retirement.

LEASE

The building is available on a competitive rent on a Internal Repair lease (IRO lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 5 years. The current lease began in 2014 at a cost of £126 per week.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground floor of a large, corner unit. The shop is well branded with signage displayed to both sides and large windows.
Inside, the customer servery area is well presented, with display fridges and counter with menu board displayed above. There is also customer seating for up to 6 people. The kitchen is positioned to the rear of the servery and preparation area with good quality equipment in place including griddles, hot plate, pie warmer, tea urn and much more.
All areas are presented to a high standard with good quality fixtures, fittings and equipment in place.

STAFF

Crumbs is currently operating with four members of staff in employment.

FINANCIAL DETAILS


Financial details are available upon a viewing of the business and Crumbs has traded solidly over its trading history. The business generates an annual turnover of £83,000 with gross profit of £48,047.

SUMMARY

This leasehold business is well established and very well-known in this area showing growth year on year. There is plenty of scope to develop the business further and there are even more income opportunities through the introduction of catering for local businesses and possibly some later afternoon opening with tea time menu options. With low rent and zero rates, this proposition offers exciting possibilities for a new owner and would ideally suit an owner operator able push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Double Door Fridge

Chilled Counter

Counter

Salad Bar

Menu Board

2 x Griddles

x2 Panini Machines

Baine Marie

Pie Warmer

Toasters

Tea Urn

2 x Fridges,

4 x Freezers

3 x Microwaves

Meat Slicer

4 Hob Oven
Trading Hours:
Mon - Fri: 07:00 -14:00
Sat: 08:00 - 12:00
Sun: Closed

Tenure: Leasehold

Location Details: Wakefield

Leasehold Term: Rent: £126 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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5983
Seller Reference:
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