Reputable Sandwich Shop For Sale
- Asking Price: £79,995 +SAV
We are advised the business generated a turnover of circa £170,000, further financial information can be made available upon request.
Please quote reference B07018
- Tenure: Leasehold
Please quote reference B07018
Hilton Smythe are delighted to have been given the opportunity to manage the sale of a well established Sandwich Shop with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular, profitable and well used local business in an area teeming with customers which still offers further potential
The business was established over 30 years ago and the business has been run by the current owners for the past 9 ½ years or so and has been a real labour of love for them accruing an impressive number of regular customers and a glowing reputation.
The business is now being sold, albeit reluctantly and with heavy hearts only due to the owners wishes to pursue a change of direction and spend more time with their young family. The vendors are keen to see their beloved sandwich shop pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level
The business enjoys a great reputation and has an impressive number of regular customers many of whom are known on a first name basis by the owners who are popular and well respected members of the local community.
The business serves traditional fare that is freshly prepared on the premises using seasonal and local ingredients wherever possible.
The menu includes:
- Hot and cold drinks
- Jacket Potatoes
- Lunch bags
- Crisps and Snacks
- Chocolate Bars
- Sausage rolls and Pasties
- Steak Bakes
The sale will include the company Facebook page and the business enjoys good visibility on the internet along with impressive reviews such as:
“ Excellent quality, quick service and best bacon butty with brown sauce in town”
“ Great food and great service”
“ My go to place for a chip butty with cheese!”
“ Great sandwich shop with very generous servings. The staff often have your usual waiting and are very friendly. Good jacket potatoes too”
Scope to improve
- Advertising and marketing campaign
- Website, ideally with an online ordering facility
- Introduce a delivery service perhaps using Just Eat, Uber Eats or Deliveroo
- Extend the opening hours
- Explore the possibility of operating a Sandwich Round delivering to local businesses at lunch times
- Develop an outside catering side to the business.
- A well established business with an enviable reputation and many existing customers
- Prime trading position in the centre of the town
- Ideal owner managed or partnership business
- Low running costs with inexpensive rent and no business rates
- Current owners happy to offer a a handover to ensure the continued success of the business
- All fixtures and fittings included making this a real turnkey business opportunity for a lucky new owner
This lovely little business is likely to attract considerable interest.
The business is owner run and managed with the help of 3 full time members of staff and a Saturday girl.
The business trading hours are:
Monday to Saturday - 07:30am - 15:00pm
Sunday - Closed
The business is located in Newark.
The historic and picturesque market town boast many heritage attractions and activities along with a range of hotels and breakfasts for an overnight stay.
Famed for its role in the English Civil War, one of the towns main historic attractions is Newark Castle. The castle was a Royalist stronghold but it’s key position on the banks of the River Trent meany that the castle has been severely damaged over the years.
The business is ideally positioned in the centre of town and sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade. The business is beautifully presented and maintained with clear visible signage and distinctive dark red livery.
There are a number of inexpensive public car parks within easy walking distance.
The business occupies the ground floor of an inner terraced, period style property and is presented to the highest of standards.
The sandwich shop has a large window to front creating a light, airy and inviting interior. The window has a hatch for the sale of ice creams during the summer months. There is a glass fronted serve over counter to the left. Running around the shop is a service counter with a pie warmer, jacket potato oven and a double Bain Marie. Behind the counters are are preparation areas with shelving, there are two glass fronted drink chillers and other equipment.
To the rear of the shop is the kitchen which is equipped with stainless steel fixtures and fittings
We are advised the business is being sold on a Leasehold basis with a monthly rolling agreement in place, the rent is £8,300 per annum.