Archived
Highly Rated Made To Order Bakery Business For Sale
Larne, County Antrim
- Asking Price: £14,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £37,000. Full financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07099
Hilton Smythe are delighted to welcome to the market The Pastry Chef (Larne), a highly rated bakery business in Antrim, Northern Ireland.
The bakery service business was orginally established by our clients in 2002, building up an excellent reputation and loyal customer base.
The business started out as a traditional bakery business, before soley focusing on made to order bakery services. They specialises in cakes for all events and celebrations. The bakery used to supply local businesses with bread, morning goods and cakes.
The Pastry Chef (Larne) has now come to the market due to our clients wish to retire.
Key selling points -
- Over 20 years trading history
- Previous turnover achieved in excess of £300,000
- ‘Turn-key’ bakery opportunity
- Lots of demand in the area for bakery products
- Low lease costs
- Fully equipped unit
- Add commercial side back to business
- Local deliveries
- New website & social media advertising
- Add new savory lines/freshly made sandwiches
- Outside catering
- Specialist breads/rolls
The Pastry Chef (Larne) is run and managed by our clients.
The bakery hours are -
Monday – 8:00am to 11:00am
Tuesday – 8:00am to 11:00am
Wednesday – 8:00am to 11:00am
Thursday – 8:00am to 11:00am
Friday – 8:00am to 11:00am
Saturday - Closed
Sunday - Closed
The Pastry Chef (Larne) is located on Recreation Road in Antrim, Northern Ireland.
The bakery occupies an industrial unit, with 2 points of access - main retail area with single door and disabled ramp and large roller shutter.
Ground floor -
- Retail service area
- Storeroom
- Bakery preparation area
- Toilet facilities
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be offered to the new buyer. The rent is £600 per month, with rates at £1,200 per annum.
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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.
