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Well Established Bakery / Sandwich Bar In Stifford For Sale

Grays, Essex, UK
Asking Price:
£90,000 Furniture / Fixtures included
Sales Revenue:
£240,000
Cash Flow:
£48,000

Bakery / Café was established since 1978, offering a range of freshly baked produce including hot and cold sandwiches, pies and breads. It is very well known in this area and being the only bakery around it has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. The business has continued to trade solidly throughout covid-19 and lockdowns.

Location
The Bakery / Café is in Stifford, Crammavill Street, Thurrock - It is one of the only shop on the parade and a very prominent location with schools, parks, library and local offices around. We have a consistent 160-180 buying customers a day with an average spending of £5.05 per person.

Reason for sale
The business is ideally suited to a hands-on owner-operator but due to the current owner's relocation to a different country he has not been able to efficiently manage the daily hand on operations of the shop, the business has been put up for sale.

Staff
The business operates with 5 FT/PT staff who will carry on with the business.

Financial details
The Bakery / café has traded solidly for years and has established a strong repeat customer base. The business does and average of £4.5k-£5.5k per week in sales. The shop is approx. 700 sq. ft. and there is a huge potential to expand into artisan and café offerings.

Business rates
Purchasers should enquire with relevant local authorities to confirm the rates payable.

Rent - Very cheap - £7k per annum
Lease - 9.5 years left and renewable

Future trade - If required, any help with bread or pastries supply can be provided directly from our main production centre.

ASKING PRICE - £90,000

For more information, please contact us by using the form below.

Property Information

Location:

Stifford RM16

Other Information

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£5,000

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