Sold
Long Standing Delicatessen Business
Elland, West Yorkshire
- Asking Price: £40,000 +SAV
-
Turnover:
The reports show a turnover of £143,291 and a gross profit of £76,312.
Average stock at value is in the region of £5,000. For further information please quote reference B05820.
- Tenure: Leasehold
Please Quote Reference B05820
Hilton Smythe welcomes to the market The Bellicatessen, located at The Cross, Elland. The business was initially established in 1980 and has been under the careful ownership of our clients for over 30 years. Our clients have thoroughly enjoyed running The Bellicatessen and are now looking at a retirement plan.
The business currently offers a range of freshly cooked pastries, sandwiches, a range of sauces and jams, breads and to name a few. The business also has a liquor license.
Trade comes from many directions, including a huge amount of local repeat trade, passing shoppers and word of mouth recommendations. With an amazing reputation locally, google reviews state ‘This friendly, family-run deli serves an excellent choice of home-made cooked meals, salads, cheeses, cold meats and sandwiches as well as a wide selection of other produce. Highly recommended!’ and ‘The best cheese and onion pasties!’ our clients are offering a hand over period to ensure the continued success of the business.
The Bellicatessen highly benefits from multiple Christmas hamper orders for local companies.
The business operates 6 days a week and generates a turnover in the region of £143,000 per annum.
There is high potential to increase revenue by extending opening hours, embarking on the option of food fairs, pushing the outside catering part of the business. There would also be the opportunity to become providers to local office-based businesses, sandwich deliveries to places of work, etc.
There is also huge scope to utilise social media and online advertising.
Reasons to buy:
- Low rent.
- Rates exempt.
- High amount of footfall and regular clientele.
- Extremely well established.
- Handover period offered.
- Huge scope to improve turnover.
Owner ran with 4 pt. staff members, our clients advise the staff members are an excellent asset to the business, very loyal and well experienced.
Monday - Friday 9am - 2.30pm
The Bellicatessen is located at The Cross, Elland.
The business is surrounded by a wealth of shops, schools, and businesses and benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
There are several Railway stations nearby. Also, there's a main bus link to and from surrounding towns.
The area is also well served by the A-roads within easy driving distance, which link to the M62/M1 motorway network.
The property is well presented inside with bespoke décor and lighting. The business also benefits from free parking (up to 1 hour). The business comprises of:
- Service area.
- Shop floor with pleasant décor.
- Large menu boards.
- Large over counter glass display chiller.
- Perimeter display shelving.
- Fully equipped preparation area with worktops and storage.
- Large drinks display fridge.
- Rijo coffee machine.
- Kitchen (lower ground).
- Commercial oven and extraction system.
- Large prep table.
- 2x2 cold room.
- 3 chest freezers.
- Stainless steel benches and worktops.
- Office area.
- Dough mixer.
- Double commercial fridge.
- Sink and handwash basin.
- The premises are fully secured with an alarm system and roller shutters.
Tenure
We are advised the premises is leasehold with 3.5 years remaining – Rent of £7,250 pa.
The business further benefits from being rates exempt.