Sold
Very Busy Sandwich/Coffee Shop
Bristol
- Asking Price: £68,000 +SAV
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Turnover:
The Sandwich/coffee shop turned over £232,767 for the year to 31st March 2017 with a gross profit of £136,958.
We are advised that the current stock level at instruction is around £4,000.
According to the VOA website the rateable value is £11,810, however at present the business benefits from small business rate relief so has no rates to pay. - Tenure: Leasehold
Hilton Smythe welcomes to the market this very busy sandwich/coffee shop run by the current owners as a family business for the last 4.5 years, having built up the business to its very busy current level with a turnover of over £230,000.
The shop concentrates on supplying;
• Homemade sandwiches
• Baked potatoes
• Panini’s
• Salads
• Cakes
• Coffee
The business has a very loyal repeat customer base, particularly from local offices and businesses of which there are many.
The business is very busy and a has a very healthy turnover, however there is certainly plenty of scope to take the shop to the next level with longer opening hours, including weekends and evenings, with the evenings offering potential for events or private parties, deliveries/outside catering and more online advertising and promotion to include social media and a good website.
An internal inspection is very highly recommended to appreciate the busy location and massive potential on offer.
The business is currently run by the owner and 5 other members of staff, 4 full time and 1 part time.
Monday 7:30 a.m. to 3.00 p.m.
Tuesday 7:30 a.m. to 3.00 p.m.
Wednesday 7:30 a.m. to 3.00 p.m.
Thursday 7:30 a.m. to 3.00 p.m.
Friday 7:30 a.m. to 3.00 p.m.
Saturday Closed
Sunday Closed
Bristol is a city and county in South West England with a population of 454,200 in 2016, with good access to all surrounding areas via the M5 and M4 motorways.
This busy sandwich/coffee shop has been run by the current owners for around 4.5 years, who are now looking to pursue other business interests.
These are easily managed premises covering around 70 sqm, with the main café area including;
• Tables and chairs and bar seating for 10 covers
• Serving counter
• Till
• Large commercial kitchen
• Store room
• Laundry
• Small office/utility
• WC
We have a range of equipment within the sale to Include;
• Full extraction system
• Coffee machine and grinder
• 2 metre display fridge
• Further display fridge
• Larder fridge
• Drinks fridge
• Salad fridge with storage beneath
• Fish fridge
• 2 x Bain Marie’s
• Hot box
• Double and single panini machines
• 2 x microwaves
• Chest freezer
• Tumble dryer
• Washing machine
• Salamander grill
• Oven
• Hot plate
• 4 ring electric hob
• Double fridge
• Toaster
• 2 x tills
• Stainless steel preparation tables
• 7 sinks
• Tables and chairs
• Sofa and tub chairs
• Trolleys
• Shelving
• Air conditioning unit and more.
This very busy sandwich/coffee shop represents a great business opportunity for the discerning purchaser, still with much further potential for the future and must be viewed.
Tenure
We are advised that the business is being sold as a Leasehold opportunity, with a 10-year renewable Lease, offering a 5-year break clause which comes up in March 2019.
The rent payable is £14,000 per annum.
