Buy a Freehold Multi Faceted Business For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 630967
  • (Seller ref: 10241)

Freehold Multi Faceted Business For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£2,725,000
Sales revenue:
£1,500,000
Net profit:
Available on request


Bag a Business is pleased to offer to the market this extremely profitable business that encompasses four trades under the one brand. The business was established in the late 1980s and has developed an enviable reputation, throughout the UK, as the largest operation of its kind outside of London. It is only now being placed on the market due to our client's wish to pursue other business interests. The business has an exceptionally high annual turnover of approximately £1,500,000, derived from its four businesses.
Delicatessen - specialising in regional and Continental food and drink and sells a selection of Welsh cheeses. There is also a range of specialty and organic produce, groceries and its own fresh delicatessen foods made on site. This aspect of the business has won many accolades, including 'The Observer Food Monthly Best Food Shop in Wales for 2008. The delicatessen supplies a mixture of clients, including local customers, convenience stores, hotels, restaurants and the public sector.

Wine Merchant - This has one of the finest selection of wines for a 50 mile radius. Wines are sold to the public, hotels and restaurants.

Restaurant - This offers freshly prepared local and international food. The restaurant downstairs has 30 covers and a small coffee area with 10 covers. The upstairs function room caters for 70 covers.

Catering - The catering aspect works on the strength of the businesses reputation for fine foods and operates over a 50 mile radius, providing light lunches, family celebration buffets, corporate dinners and charity events and weddings.

Food Production - Fresh delicatessen lines are baked, prepared and cooked on the premises in large purpose built kitchens and are sold within the business, as well as being distributed to other businesses in the region.
In addition to this the production side of the business services up to 100 customers with pre-prepared produce.
Website - The business has recently started a web-site to service both the trade and private customers. This is very much in its infancy and will provide any prospective purchaser with an instant opportunity to develop the turnover.

Our clients have developed the business to the stage where their involvement is very much in a managerial capacity only with an extensive management structure including, a Wine Manager, Head Chef and Website manager. Our client would be happy to stay on for a handover period to allow a purchaser an opportunity to get to grips with the role they or a manager would take-on. We feel that this is an excellently base for a new owner to build upon, perhaps by proactive marketing through the employment of a salesperson, cook/freeze technology for supply to the retail industry, business, new retail outlets throughout other regions, relationships with distributors and a possible franchise operation.


Property:
Freehold
Living accommodation:
PROPERTY DETAILS The business occupies 4 buildings, 2 are 3 storey propertys, housing the delicatessen and wine merchants, whilst the other 2 encompass the production side and restaurant. GROUND FLOOR 23-25 Fully equipped delicatessen with glass display counter and extensive perimeter shelving Wine merchant area accessed through the deli, with office and electronic cash register Rear office Storage and yard GROUND FLOOR 32-34 Restaurant with fitted bar Commercial kitchens refurbished to a high standard with hygienic wall covering and stainless steel fittings Storage and delivery area Two offices FIRST & SECOND FLOOR 23-25 Two flats, both let out, briefly comprising; Flat 1 - duplex apartment with two double bedrooms, family bathroom, lounge and kitchen. This was previously the owners' accommodation so has been equipped to a high standard. Flat 2 - two double bedrooms, one single bedroom, family bathroom, lounge and kitchen FIRST FLOOR 32-34 Function room located above the restaurant for approximately 70 covers Additional space for the production facility Staff amenities EXTERNAL Delivery yard with space for approximately 8 vehicles Loading bay
Location:
This business is ideally situated in the centre of a busy town and community. There is a large car park, that is free to use, adjacent to the restaurant and production business, whilst a degree of the retail trade is drawn from the many shops and offices that are close by. The location is of particular benefit to the business as it offers an excellent centre for distribution, making delivery of goods relatively easy. However the business is equally at ease with deliveries to other areas as there is a busy arterial road which acts as a link route to many destinations. The business is also within close proximity to a national park, tourist destinations and populated coastal areas.

For more information about this business for sale, click the Contact Seller button.

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