Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Leasehold Sandwich Bar/Outside Catering Business Located In Kenilworth For Sale

Kenilworth, Warwickshire, UK
Asking Price:
£49,950 Furniture / Fixtures included
Sales Revenue:
£159,138
Cash Flow:
£47,018

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

Property Information

Property:

Leasehold

Lease Terms:

New lease to be granted
Rent: £7,500 pa
Rates: zero

Location:

This delightful Sandwich Bar & Outside Catering business which is located in Kenilworth. Situated within a prominent and highly visible trading position on Station Road which is adjacent to the main shoppers car park. Kenilworth is an affluent Warwickshire market town, with Leamington Spa (5 miles) to the south and Coventry which lies (six miles) north east. A gorgeous town which attracts thousands of visitors to the famous Kenilworth Castle. The newly opened train station in the centre of Kenilworth provides regular rail links to both Coventry and Leamington Spa, where onward journeys can be made to London (76 minutes) and Birmingham (21 minutes). The location benefits from good connections to J15 of M40 within less than (6 miles) and J2 of M6 within approximately (11 miles) which in turn provide access to the wider motorway network in the Midlands.

Premises Details:

Ground Floor
Takeaway comprising: large serve over chilled display counter with four refrigerated storage cupboards below, wall mounted menu blackboard, upright drinks chiller, cash register (Sam4s), bread display shelves, double sink with worktop, base units, meat slicer, kettle, stainless steel wash basin, wall mounted paper towel dispenser, serving counter with jacket potato oven & 2 pot dry bain-marie, worktop with base units, griddle, 4 ring electric hob/oven (Beko), microwave (Sharp), undercounter fridge (Beko) and stairs leading to upstairs.

First Floor
Preparation room comprising: 3 x stainless steel tables, double sink drainer, base units, chest freezer, small chest freezer (Norfrost), upright freezer (Beko), wash basin, wall mounted paper towel dispenser, storage shelves, storage cupboard and ceiling hatch with loft space.
W/C with wash basin and 3 x storage shelves.
Small office.

External
Access to a bin area.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Friday – 9:00am – 2:00pm
Saturday & Sunday – closed

Employees:
3 part time
Years established:
18 years

Other Information

Inventory / Stock value:
£1,500

Contact Veritas Business Sales

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Halo Corporate Finance. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Veritas Business Sales. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business