Leasehold Bakery For Sale

Business description

Bag a Business is delighted to offer for sale this extremely profitable wholesale and retail bakery, in an ideal trading position, in Newport, Gwent. The business has been in the careful ownership of our client since 2002, during which time he has seen an increase in turnover and profits. Our client has placed emphasis on the more profitable wholesale aspect of the business, that now consists of approximately 30 customers. The business is only now being placed on the market due to his wish to pursue other interests outside of South Wales. The bakery boasts a healthy annual turnover of £216,449 with a gross profit of 75.9%, which is generated from the sale of bread products, cakes and speciality cakes. Retail trade is primarily generated from the surrounding densely populated residential areas, whereas the busy wholesale aspect of the business makes excellent use of the nearby M4 motorway, allowing convenient access to the customer base covering Newport and Cardiff. The bakery has never undertaken any advertising and trade has been generated purely from its enviable reputation and recommendations by current customers. We feel that this is an excellent base for a new owner to build upon, possibly by introducing a third baking shift, employing a sales person to develop the customer base and pro-actively marketing the business. Early discussions with Bag a Business are strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold - Council lease
Original length: 10 years
Remaining length: 4 years
Rent: £830 per quarter

Living accommodation:

PROPERTY DETAILS A single storey, purpose built, lock-up shop unit. Briefly comprising; GROUND FLOOR Retail trading area with two tables Two display counters Serving counter and electronic cash register Bakery to the rear Storerooms Holding room for finished goods Staff facilities EXTERNAL Rear yard for bins Two allocated parking spaces

Location:

The bakery boasts a prime trading position, in Newport, Gwent. The purpose built premises boast a wide frontage and good sized trading area with extensive space for the bakery and holding bay to the rear. The area benefits from extensive parking facilities, with several free car parks within walking distance, whilst the business has allocated parking and delivery spaces to the rear of the building. The bakery is well positioned to capture high levels of passing trade, as well as benefiting from excellent transport links with the M4 motorway.

Other information

Trading hours:

Mon - Sat: 8.00am - 5.00pm