Well-Established Sandwich Bar Business in Market Harborough For Sale
Market Harborough, Leicestershire
- Asking Price: £139,950 +SAV
- Turnover: The business generates a turnover in the region of £202,000 per annum, with a gross profit of approximately 75%.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this well-established and busy sandwich bar business in Market Harborough, Leicestershire. The business was established in 2005 and has been in our clients’ careful ownership since 2012. Only now is the business being offered to the market due to our clients’ desire to relocate abroad. The business operates 5 days per week and generates a turnover in the region of £202,000 per annum, with a gross profit of approximately 75%. Our clients offer a wide variety of fayre including hot and cold sandwiches with a range of fillings, breakfast baps, breakfast trays, salads, jacket potatoes, burgers, homemade soups and cakes, as well as a selection of hot and cold beverages. Our clients also offer an outside catering side of the business and will deliver sandwich platters and buffets to homes and offices. The property boasts a spacious sales and display area and a well-equipped commercial kitchen. The business has built up an excellent reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth recommendations. We feel the turnover could be increased by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the business and goods offered. There is already a very informative website in place at www.mhsandwichshop.co.uk. This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
The business is owner run and managed with 2 x full time and 2 x part time staff members.
The business is open: Monday – Friday: 6.30am – 2.30pmSaturday – Sunday: Closed
The Sandwich Shop occupies the ground floor of a substantial two-storey premises, ideally located within the town of Market Harborough in Leicestershire. The business is located on the very busy St. Marys Road and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The district has many densely populated residential and commercial areas, from which the business derives much of its trade. The business further benefits from free on-street parking facilities to the front of the premises. Market Harborough is a market town within the Harborough district of Leicestershire. The town sits on the Northamptonshire-Leicestershire border and has a residential population of 22,911. The town boasts a thriving mix of independent and branded retailers, hotels, diverse restaurants and welcoming public houses along the High Street. The area is well served by the public transport system, with several bus stops within easy walking distance of the property. Market Harborough is just a two minute walk away. The area is also well served by the A-roads, with the business being located on the A4304, which links to the national A-road and motorway networks. Leicester is approximately 16½ miles away and Northampton is 17½ miles away. The main line railway station is only 150 yards away.
The business occupies the ground floor of a substantial two-storey, corner premises in an ideal trading location, briefly comprising: Ground floor: Main sales area with: Table with three chairsDouble door drink chiller unitSmall drink chiller unitServe over chiller counterService counterDisplay boards Behind counter: Coffee machine and grinderCentral work station with hot cabinet2 x electronic cash registersThree door cabinet refrigeratorSealing machineBug zapperStainless steel preparation table.Hot cabinetUpright stainless steel refrigeratorCCTV with one cameraWC. Main kitchen with: 5 x stainless steel preparation tablesHand wash basinGriddle with extractorGriddlePanini pressTwo bowl stainless steel sink unitDishwasher3 x commercial microwave ovensTurbo fan oven2 x two pot Bain Marie’sThree door cabinet refrigeratorStainless steel shelving Store room with: 2 x chest freezers3 x upright fridgesStainless steel trolleyStainless steel shelvingNon-slip flooring First floor living accommodation. (vacant and available for rent) Lounge.Kitchen/diner.2 x double bedrooms.2 x WCs (split by a stud wall but could convert to shower room). External: Well signed.Rear yard/bin area with storage shed and parking space for van.
We are advised Leasehold: Original lease length: 5 yearsRemaining lease length: 2 yearsReview every: 5 yearsRent: £629 per month.