Retail Bakery Established 20 Years In Cambridgeshire For Sale

Business description

Advent Business Sales are delighted to offer to the market this corporate style retailer which has been trading successfully for over two decades.

The current owner has been in ownership for six years and has now decided to sell in order to pursue a totally unrelated project.

The shop sells a wide range of bakery and confectionary items which are baked on site and also provides off site catering for a wide range of corporate and private clients. This element of the business provides lucrative additional growth potential in addition to the potential to grow the core business with an increased product range.

Our client has recently introduced an outside catering service for business lunches and a made to order buffet service still within its infancy, sales have been averaging around £1,000 per week for the outside catering side.

This aspect of the business offers unlimited potential, especially if one catered for Halal food and aggressively marketed to the many businesses in the immediate area.

At present, our client is part of a small franchise whereby 6% of net annual sales are paid to the franchisor.

The vendor informs us that a purchaser maybe able to negotiate the purchase of the franchisors rights at a reasonable sum and hence increase net profits to around £100,000 per annum.

Although a franchise, the franchisee has a high degree of control and autonomy.
REF: 8836 PE

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Living accommodation:

BUSINESS PREMISES A fully equipped lock up unit briefly consisting of: Ground Floor - Retail area - Large opening facia - Deli counter and glass server - Various refrigeration - Cake and hot food display - Coffee bar – seating for 8 – 10 people - Open dairy for sandwiches and drinks - Two group coffee machine - Milkshake machine - To rear: Tom Chandley four deck double oven, BDM, 32kg mixer, 16 piece divider, double rack prover retarder – all necessary small equipment enabling full on site baking.

Location:

Located in the bustling city centre of Peterborough this well established retail bakery has been trading for over 20 years and is well known for its freshly baked quality products. It is located in the premier shopping area of the city alongside an array of well known high street retailers.

Business Operation

Expansion potential:

With the high volumes of footfall, there is also the possibility of perhaps changing the current outlay into a café or diner and hence pushing up the average spend

Trading hours:

Mon – Wed, Fri – Sat: 8am – 6pm, Thurs: 8am – 8pm, Sun: 10am – 5pm

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.