Thriving Sandwich Shop and Catering Business For Sale
Redcar, North Yorkshire
- Asking Price: £17,500 +SAV
- Turnover: The business reports a healthy turnover of £44,300 with a circa 52% gross profit.
- Tenure: Leasehold
Hilton Smythe is delighted to introduce to the market Off The Vine. This thriving sandwich shop/takeaway and caterers was originally founded in 1995 and has been successfully run and managed by our client since inception in 2013. The business has a fantastic reputation for the outstanding quality and provides a fantastic selection of sandwiches, both hot and cold, daily specials, jacket potatoes and tempting home-made cakes. All freshly made on site using only the best produce. The business sees much repeat trade and reports a healthy turnover of £44,300 with a circa 52% gross profit. Off The Vine also provides outside catering for any occasion to suit any budget. Proving extremely popular, we believe this arm of the business could be expanded even further. Perhaps embarking on a modest marketing campaign or introducing a delivery service to local businesses. The business already has regular trade from the local council for buffets and lunches. We are advised that the business hold both A3 and A5 licences. The business already has a great website in situ www.offthevineredcar.com and has a presence on social media websites to promote awareness of the business. We highly recommend early viewing of this lovely business in a prime trading location, which genuinely comes to the market due to our client’s personal circumstances.
The business is owner run and managed with the assistance of 2 full time members of staff and casual staff when required.
The business opens: Monday to Friday 9.00am – 3.00pm The hours could be extended if required.
The business is located in the seaside resort of Redcar, North Yorkshire. Off The Vine occupies a prominent trading location within a busy retail parade in the town centre, surrounded by a plethora of complementary businesses and town centre amenities ensuring a constant footfall throughout the day and great passing trade. The business is located on a busy bus route and only a 2 minute walk from Redcar Central railway station. There is ample public parking in the vicinity. Redcar boasts around 8 miles of sandy beach making the town a popular family holiday destination, attracting thousands of visitors each year.
Double fronted mid parade premise briefly comprising:- Well-presented frontage with good signage, spacious pavement area for external seating of 2 tables with chairs, highly visible to passing trade. Main entrance into small seating area with 2 tables and chairs, serve over cold display, drinks fridge and hot plate. Through to kitchen and preparation area.A corridor leads to the toilet facilities, store room and rear exit to alleyway Fully equipped kitchen with 2 ovens, 2 microwaves, kettle, toaster, single fryer, 2 fridges, a freezer and all general pots, pans and kitchen utensils.
We are advised leasehold on a rolling lease arrangement.Original lease length is 1 yearRent is a very reasonable £375 per month.