Sandwich Bar & Bakery For Sale

Business description

The fully managed business is prominently situated on a busy
pedestrianised zone of Newcastle under Lyme's town centre. Being
located in the main shopping area of this busy and pleasant town it
benefits from nearby complementary shops and businesses.

A profitable well presented and equipped business having been in
the "Three Cooks" group of shops for some years (now trading as
Cooks the Bakery) and currently selling a wide range of bread,
rolls, cakes and pastries, hot and cold sandwiches and rolls.
A small amount of baking is carried out on site, mainly for
prepared pastry food, as all products are supplied from local
bakers. In addition to the sandwich bar providing hot and cold
cobs, hot and cold drinks, sandwiches, baguettes, sausage rolls and
pasties are on sale. This ground floor Leasehold business has an
excellent reputation in the area and benefits from seating outside
for customers weather permitting.

Takings - Management accounts show Sales for the 12 month period
upto June 2008 to be £128,485 with a Gross Profit of 64.9%.
EM&F have calculated an ANP (Adjusted Net Profit) to in the
region of £22,500 for a working couple or partnership.

Property information

Property:

Leasehold