For Sale
Well Established Sandwich Shop For Sale
Stoke-on-Trent, Staffordshire
- Asking Price: £25,000 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £73,000, further financial information can be made available upon request.
Please quote reference B06224
- Tenure: Leasehold
Please quote reference B06224
Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Full Monty which is a well-established Sandwich shop with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular local business in an area teeming with customers.
There has been a food based at these premises for more than 25 years. The current owners have run it as The Full Monty for the last 18 years or so and it has flourished under their ownership accruing many regular customers and a burgeoning reputation, the business has been a real labour of love for them.
The business is now being sold, albeit reluctantly and with heavy hearts only due to a wish to take a well-earned retirement and a change of direction. The vendors are keen to see their beloved Café pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
The Full Monty prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The menu includes traditional staples such as:
- Hot and cold sandwiches
- Hot and cold drinks
- Salads
- Filled Baguettes
- Afternoon Teas
- Sandwich platters
- Cupcakes
- Caramel Crunches
- Maltese Tiffin
- Home baked cakes and pastries.
Reasons to Buy
- A well-established business with an enviable reputation and many existing customers
- All fixtures and fittings included making this a real Turnkey business opportunity
- Perfect trading position on a busy main road with loads of footfall
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
- Low running costs with inexpensive rent and no business rates.
This lovely little business is likely to attract considerable interest.
The business is owner run and managed with help from 3 part time staff members.
The business hours are as followed:
Monday to Friday - 08:00am - 14:00pm
Saturday - 08:00am - 12:00pm
Sunday - Closed
The Full Monty is located in Hanley, Stoke on Trent.
Hanley is one of the six towns that, along with Burslem, Fenton, Tunstall and Stoke amalgamated to form the city of Stoke-On-Trent. Hanley is the de facto city centre having long been the commercial hub of Stoke-On-Trent. It is home to the Potteries Shopping Centre and many high street chain stores.
The Full Monty occupies a prominent main road position and sits alongside other complimentary retail businesses such as a convenience store, a barbers, a mini market and Chinese takeaway and thus benefits from high levels of footfall and passing trade along with regular custom.
The business is beautifully presented and maintained with clear visible signage and distinctive livery. There is free on street parking in the roads and streets surrounding the premises.
The Full Monty occupies two floors of an inner terraced property, is beautifully presented and maintained and briefly comprises.
Ground Floor
Shop
Windows to front creating a light, airy and inviting interior, immaculately presented with tile floor, stainless steel and glass serve over counter running the width of the shop, 7 pot Bain Marie, Fracino Coffee machine, Fracino Coffee grinder, feature chalked menu boards, under counter fridge, glass floating shelves
Kitchen
Fully equipped with Lincat 6 pot Bain Marie, tiled walls, range of base units with complimentary work top, full extraction system, single basket fryer, griddle, Sanyo microwave, further microwave, four slot toaster.
Wash up Area
Tiled floor, stainless steel sink and drainer, Santon Water heater, separate ceramic hand wash basin with Triton water heater.
First Floor
Freezer / Dry goods store
Generous room with two chest freezers, larder freezer, Beko fridge / freezer, Beko Compact cooker, Burco stainless steel urn, filing cabinet, timber shelving.
Tenure
We are advised the business is being sold on a Leasehold basis with 2 years remaining on the 3 years lease. The landlord is happy to to negotiate a mutually acceptable Lease with a new owner. The rent is £6000 per annum.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
