K Stansfield Family Bakers With Retail Outlet For Sale

Business description

K Stansfield Family Bakers with Retail Outlet & Adjoining Freehold Family Property

Established on the current site since 1928 this family run bakery has been serving the local population for many years and in that time has built up a sterling reputation for providing good quality bakery and associated products at very competitive prices.

Ideally located on a corner plot the premises comprise a large 3 bedroom domestic dwelling with separate access and attached retail premises. The shop has good frontage and large windows and is ideally positioned on a busy thoroughfare next to the community’s health centre and social club. There is plenty of free parking and as such the business enjoys very good levels of passing trade.

The bakehouse is situated some 150 yards from the above site and is a single storey detached property. It is fully equipped as you would expect. Equipment includes:

• Large Vanguard Oven (4 deck , 3 tray)
• 80 Qtr Planetary Mixer
• 20 Qtr Planetary Mixer
• 10 Qtr Planetary Mixer
• 1 Bag Spiral Mixer
• Handblocks and Pastry break

Operating within both the domestic and commercial market the business has a very high level of regular custom. This company uses only the finest traditional recipes and quality ingredients to produce a wide range of wholesome and delicious breads, pastries, cakes, biscuits and confectionery products. The business also offers a wide range of savouries including pies, pasties and sausage rolls together with sandwiches made to order, teas, coffees and soft drinks to takeaway. It also delivers orders as and when required.

The retail premises are positioned on a large plot and there is an extensive paved area outside the shop which fall within its boundary. This represents an ideal opportunity to create a café environment should a new owner so wish by providing outside seating for customers. Positioned in a very prominent location and in a densely populated suburb of the city the business benefits from high levels of awareness and footfall from passing traffic.

This business offers a very personal and courteous service. This is illustrated in the consistent sales figures it achieves year on year. This is an excellent opportunity to acquire a truly established business highly regarded for its quality products and customer service with the added bonus of a sound investment freehold plot.

Equipment:

All plant and equipment, including counter displays and bakehouse machines are included within the sales price.

Key Strengths:

• Sound investment freehold properties
• High profile location
• Fully equipped bakehouse
• Regular customer base
• Over 80 years successful trading
• Many opportunities to expand
• Very good profit margins

Key Opportunities:

There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas, motivation and enthusiasm will have every advantage of building on an excellent base.

The business has never advertised or marketed the bakery in over 80 years. It could easily expand its commercial customer base and get involved in wholesale if a new owner so required. A dedicated sales resource, supported by very highly targeted and effective advertising and marketing initiatives would undoubtedly have a very significant impact on turnover and profitability.

To date this business has little or no presence in the outside catering sector. With a large volume of employers based in the surrounding areas of this business there is the possibility of developing a dedicated sandwich and light meal delivery service.

Furthermore the site is ideal to provide customers with external seating facilities so they could create a café type culture and increase its profile, sales and profits still further.

Customer Service:

This business does everything possible to enhance its name and is rapidly earning a considerable reputation for the best locally produced, freshly baked bread, cakes, biscuits and confectionery products coupled with superb customer service.

Financial Information:

The business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business consistently achieves turnover circa £130,000 p.a. Resultant gross profits circa £65,000 p.a.

Property information

Property:

Freehold

Location:

There are two building associated with the sale of this business. The main site comprises a large 3 bedroom house situated on a corner plot with the retail premises attached. The shop is located on the corner so as to maximise frontage and profile. Retail shop is circa 350 square feet.

The residential property has a separate entrance and comprise two reception rooms, kitchen and utility room on the ground floor. Upstairs there are 3 large bedrooms and bathroom.

The bakery is situated some 150 yards further up the road. It is single storey construction circa 600 square feet. Rates are circa £3,940 p.a.

Other information

Competition / Market:

Prominently located and therefore benefiting from high levels of awareness and good levels of passing traffic, this business has never felt the need to advertise, preferring to rely upon the most effective form of marketing available, word of mouth recommendation. The business does not as yet have a web presence, however the development of a site could assist in this business increasing its penetration of the wholesale sector.

Support & training:

The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners.

Reasons for selling:

The vendor has had a change in his personal circumstances.