Business Overview:
Advent Business Sales are pleased to have been instructed to offer to the market this well established and profitable delicatessen with excellent future potential.
Founded by our client 14 years ago, the business is only now being reluctantly offered for sale as he plans to retire.
The deli offers an excellent wide stock selection which includes:
Cooked meats.
Cheeses.
Cakes.
Locally made pies, pasties and sausage rolls.
Breads (bake off).
Beers, wines and spirits.
Large choice of party foods and appetizers.
They also supply seasonal bespoke hampers.
Hand-made sandwiches are supplied on a very regular basis to local offices close to the deli and cheese and wine evenings prove very popular.
Sales which are circa £150,000 are split approximately 50% delicatessen, 40% home made sandwiches served from the shop and 10% outside catering to local offices.
90% of trade is local and 10% is from its own dedicated on line web site.
We are advised that stock at cost is approximately £14,000.
Ref: 9070HP
Staff Details:
The business employs one full time member of staff and one part timer, who works approximately 8 hours per week and our client full time.
Trading Hours:
Mon-Fri: 8.30am – 6.00pm
Sat: 9.00am – 4.00pm
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Financial Information:
We have been advised by the vendor of the following:
Annual sales: £145,000
Gross Profit: 40%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
Business Premises:
Very attractive and very well presented throughout, these terraced ground floor premises provide excellent accommodation consisting briefly of:
Ground Floor
Center entry door with recessed bay windows either side into the main sales area with a full range of modern fixed and free standing display furniture.
6m glass fronted refrigerated display serve over counter
Single door chiller.
Other equipment includes: espresso machine, ham slicer, soup kettle and 2 coffee grinders.
Rear of shop is a storage area/office with 1 upright and 2 chest freezer and bread oven.
Kitchen and w/c.
Back exit to rear parking.
Tenure: Leasehold.
Original lease: 10 years.
Remaining lease: 6 years.
Review every: 5 years.
Rent: £8,520 Per Annum.
We are advised that the annual business rates are currently: £6,240 (under appeal).
Market Competition and Expansion:
The business offers excellent scope to increase both turnover and profits further by:
Producing the home made cakes etc themselves, as the cost of buying in is approximately £10,000 per annum currently.
Offer the sandwich buffets to more local offices.
Have a delivery round to local factories.
The local railway station and bus terminal are in the process of being redeveloped with additional parking facilities being made available.
Open earlier in the morning to catch the commuter traffic with sandwiches and coffees.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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