Archived
Highly rated Greek Bakery for sale
London, Greater London
- Asking Price: £114,995 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07360
Hilton Smythe are delighted to welcome to the market Greek on Broadway, a highly rated Greek bakery in London.
Greek on Broadway was first established by our client in 2022, building up an excellent reputation and regular client base during its short time of trading. As seen by the online ratings and reviews, the business is extremely popular within the local community.
The business has now come to the open market due to our clients desire to relocate overseas.
Greek On Broadway is a greek bakery that offers authentic bakery items and drinks, and is very well known in the area for pastries and desserts. The business offers a delivery service via Just Eat, Deliveroo and Uber Eats. Our client has advised that they use their own drivers for Just Eat and Uber Eats.
Key selling points -
- Excellent location
- Outstanding reputation
- Newly renovated
- Huge scope for expansion
- Would suit a partnership or family run business
- Increase marketing/advertising
- Create a dedicated business website.
We are advised that the business is run and managed by our client, with the help of 2 additional staff members.
The current trading hours are -
Monday to Sunday - 06:00 - 17:00
Greek on Broadway is located on The Broadway in London.
The business has eye catching signage and receives high levels of footfall and passing trade.
Ground floor -
- Newly renovated with bespoke décor and lighting
- The premises have a large canopy at the front of the shop with seating for the warmer months
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £1,250 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
