Outstanding Sandwich Bar in Walsall for Sale
Walsall, West Midlands
- Asking Price: £30,000 +SAV
- Turnover: The business reports a healthy turnover of £293,678 with reported gross profit at £82,847.
- Tenure: Leasehold
Hilton Smythe introduces to the market Eat Express Ltd, trading as Eat Express. This well presented highly visible sandwich bar was established by our clients three years ago and genuinely comes to the market due to our clients other business commitments.
Our clients have spent in the region of £75,000 on a full refurbishment programme when they acquired the business in 2010 and is immaculately presented throughout with vibrant decor, excellent branding and produce clearly displayed throughout. The business benefits from a loyal client base and ample passing trade.
All Eat Express sandwiches and baguettes are made on site with freshly baked bread throughout the day with a fantastic range of healthy fillings. With a choice of premium coffees and freshly squeezed orange juice to complement and budget busting meal deals available. It is the fantastic trading position and excellent quality of produce which has lead to the businesses success and superb turnover which is still growing.
We believe this profitable business does have the potential for growth. Currently the business is run by a management team, if the business were to be owner run and managed the high wages bill could be reduced, thus increasing profit. Additionally, the business could expand into outside catering offering business lunches/buffets normally proven to be lucrative or perhaps offer a delivery service in the locality.
The business is 1 of 3 finalists acknowledged in the local town centre Business Awards in the Eatery of the Year category. To view the advert:-
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This is an outstanding business opportunity, ideal as a walk-in business venture in this highly desirable location.
The business is run by 3 full time and 4 part time members of staff.
Eat Express opens:- Monday to Friday 7.00am - 5.30pm Saturday 10.00am - 4.30pm Sunday closed.
Eat Express is perfectly located within the town centre of Walsall.
Occupying a prominent corner position on a walkthrough from the high street to the bus station, surrounding b a plethora of complementary businesses and benefiting from the bustling bus and railway station within walking distance with ample parking nearby ensuring heavy footfall throughout the day.
Walsall is a large town in the West Midlands with a population of around 67,590, with the wider borough having a population of 269,323. The town is approximately 8 miles from the City of Birmingham and circa 6 miles from the City of Wolverhampton.
The town has excellent road links being served by the A34, A454 and M6.
This corner end of parade premise briefly comprises:-
Excellent signage and well maintained frontage.
Superb retail area with open chillers to suit trade along perimeter, small L shaped seating area with stools. Counter server with Epos system, clear menu boards to walls and crisp display.
To the rear is a preparation area.
The first floor houses the kitchen, with walk in chiller, oven, additional chillers and ample stainless steel preparation areas.
There are toilet facilities also on this floor.
We are advised leasehold. The original lease length is 10 years with 7 years remaining. Rent is £30,000 per annum.