Business for Sale Overview:
Advent Business Sales is delighted to offer to the market this pair of extremely well established bakery shops.
The shops, which have been trading successfully for over 9 years, have been in the careful hands of the current owners for around 4 years and are only now being sold due to retirement.
This has provided an excellent opportunity to purchase a business with such a healthy level of weekly takings which average approximately £8,000.
The shop sales at St Neots are approximately £2,000 per week and wholesale is approximately £3,500 per week. The sales at the Bedford shop are approximately £2,750 per week.
The bakery obviously works nights to have the product ready for the next days trade. Its equipment briefly includes:
Baker perkins dough mixer.
Escher dough mixer.
Electro dahlen 5 layer break oven.
Large upright double freezer, fridge and microwave and foster retarder fridge.
Both shops sell a good range expect including:
Range of breads, cakes and scones.
Savories.
Sandwiches, freshly prepared to order.
Hot and cold drinks.
Special occasion cakes in various shapes to suit.
St Neots:
2 double glass display chillers,
A single soft drinks chiller,
Bread slicer,
Executor,
Table and chairs for use outside,
Hot savory display.
Crisps display.
Bedford:
3 double glass display chillers.
2 bread racks.
Crisp stand.
Coca Cola double door soft drinks chiller.
Microwave.
Hot savory display.
Hot potato.
Oven with sauce dishes.
Bread slicer.
Sandwich wrap.
Wedding cake display.
Included in the sale are 2 delivery vans:
‘04’ plate Ford transit & ‘07’ plate Citroen Relay.
We are advised that stock at cost is approximately £30,000.
Our client’s may also be prepared to sell each shop separately.
Staff Details:
St. Neots employs five full time and seven part time members of staff and are responsible for baking the majority of the products sold in both of the shops. The Bedford shop has 2 full time and 1 part time employees.
Trading Hours:
Mon – Sat: 8.00am – 4.00pm.
Sun: closed.
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:
Business Premises:
St Neots:
Electrically operated roller shutter door.
Side window displays with a center opening door into the serving area, with glass display chillers with product, soft drinks chiller.
Till, range of bread displays on racking.
Well tiled floor and good decorative order throughout.
Outside table and chairs.
Stainless steel preparation benches.
Through to bakery area with full range of equipment and racking.
W/c at rear of bakery.
External:
Outside rear car park and container for dry stores.
Bedford:
Very well presented an in excellent decorative order.
Side window displays with low level solid panels.
Center door leading into the main serving area.
The shop is partitioned to create a rear small enclosed kitchen and stores area which includes 4 ring electric cooker, under counter fridge, upright freezer, stainless sink/drainer, w/c and rear exit.
The shop has a row of display chillers with wall hung bread display racks to the rear of them.
The opposite wall has soft drinks chillers, cake display rack and a bread display rack.
The end of the shop has a sandwich preparation area and till to the rear of a chiller with various sandwich fillers from which a customer can choose.
Both shops were completely refurbished in 2004 when most of the equipment was replaced new. We are informed that the total cost was approximately £240,000.
Bedford:
Tenure: Leasehold.
Original lease: 25 years.
Remaining lease: 21 years.
Review every: 5 years.
Rent: £23,476 Per Annum.
We are advised that the annual business rates are currently: £7,220 Per Annum.
St Neots:
Tenure: Leasehold.
Original lease: 25 years.
Remaining lease: 4 years.
Review every: 5 years.
Rent: £11,000 Per Annum.
We are advised that the annual business rates are currently: £4,520 Per Annum.
Market Competition and Expansion:
Both shops have excellent sales but these could be increased vastly if there were to approach more wholesale customers.
They could also put more table and chairs outside the premises and offer cold buffets to local businesses.
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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