Independent Sandwich Delivery Business Leasehold Or Relocatable For Sale

Business description

This well established business is currently operated from an ample sized lock-up premise in Pinchbeck, on a 12 month renewable lease. This business could also be easily relocated within the Spalding area by the new owners if required.Description:Started by the vendor in 2000 this popular independent sandwich delivery and buffet business, supplying Filled sandwiches, sausage rolls, pasties, scones, cheese & bacon wraps, crisps, confectionary and cold drinks etc, is offered for sale as a Relocatable business, or to be operated from its current location. The business services the Factory units and Offices in the surrounding area of Spalding with approx 40 drops per day and buffets in the region of 2 to 5 per week. The business has been around for over 8 years and operated by the current vendor and 1 full time staff member. The service is delivered via one refrigerated delivery van which is on a 3 year lease purchase from Dec 2006, although there is also another refrigerated van offered for sale (not on lease purchase) with the business. Last 13 weeks takings upto and including 7/3/08 show average weekly takings of £1,777. Stated to average approx £2,000 for the year.Accounts for a 9 month period from April 2007 to January 2008 show Gross sales of £74,574 with a GP of 58.9% and Net profit of £15,250. EM&F have annualised and calculated an ANP (Adjusted Net Profit) of £22,000 for this period.

Property information

Property:

Leasehold