Leasehold Sandwich Bar & Outside Catering Business located In Kenilworth. Three income streams, retail sandwich bar, 3 sandwich delivery rounds and business lunches. Established and profitable concern operated on relatively short hours.
Veritas Business Sales are privileged to offer to the market this respected Sandwich Bar & Outside Catering business which is located in Kenilworth town centre. The business was in fact established by our clients back in 2004 and they are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Picnic Basket is owner operated with the help of 3 part time members of staff and for year ending 30th April 2022 they posted a turnover of £159,138 net of vat with a GP of £101,796 (64%) which produces a healthy profit of £47,018. Approximately 50% of turnover derives from 3 daily sandwich rounds. They deliver freshly cut sandwiches, baguettes, wraps and salad boxes to offices and light industrial businesses within the Warwickshire area and surroundings up to a 20 mile radius. Business lunches accounts for 25% where they offer tailor made or set menu lunches. Over the years they have built a loyal database of clients to include offices, businesses and corporate events, some of which are large blue chip companies. The remaining 25% comes from the retail shop where they serve freshly cut hot and cold sandwiches, baguettes and wraps where you can create your own filling. All fayre is freshly prepared to order on site using top quality produce.
We believe that a new owner operator could increase trade by expanding the current opening times, expanding the menu and by joining some of the online delivery portals such as Just Eat. The business has built a strong reputation within the local community and beyond for serving quality food and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established and profitable turnkey business with
