Excellent Very Profitable Suffolk Sandwich Shop & Catering Business For Sale

Business description

Business Summary :

* Enviable long term customer base & Circa 80% repeat business
* Healthy lifestyle shop
* Good quality local produce
* Strong gross margins
* Increasing sales & profitability
* Excellent management controls & efficient procedures
* Strong opportunities to increase sales from existing customer base

This excellent, highly profitable Sandwich Shop and Catering business was established in 1994 by the current owner and, as a result of high its quality product and service, has built up a robust and loyal client base. The business offers a sandwich takeaway service, and a delivery and trolley service to local companies, offices and pubs. Its catering arm services a number of corporate events, weddings and private parties. The property is freehold and offers fantastic potential for expansion, as the first floor of is unused (previously used as a restaurant). There are excellent opportunities to expand the catering arm of the business through wholesale, private parties and weddings. The business benefits from having an established supplier relationship with a leading food service contractor. The current owner is happy to offer a handover period in order to ensure a smooth transition for the new owner.

Property information

Property:

Leasehold

Location:

The shop is located close to the centre of the Town with good footflow and easy access to local roads for its delivery service.

Premises details:

The premises are available as Leasehold OR Freehold. The Freehold has been valued at £150,000.

The premises are well laid out with a large amount of space in which to work. The first floor was previously used as a restaurant and can easily be converted to a Tea Room or Restaurant once again.

Business Operation

Expansion potential:

There is excellent potential for expansion as the company has such a strong reputation. Its catchment area is relatively small and can easily be expanded.

Competition / Market:

Local competition is not apparent and customer retention is over 80%.

Reasons for selling:

Retirement

Trading hours:

Normal trading hours NOT WEEKENDS

Employees:

12 full time & 2 part time

Years established:

Over 15 years

Other information

Support & training:

The day to day operations are run by two senior staff - the owner manages the business going forward and the customer service. The owner will be delighted to offer full support and training to the new owner.

Financing available:

Sunbelt business brokers has strategic tie ups with two banks who are interested in lending to the buyer of this business

Furniture / Fixtures value:

£20,000

Inventory / Stock value:

£1,000