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£95,000

SANDWICH BAR

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Country: UK
City: Tunbridge Wells
BUSINESS DETAILS:
LOCATION - Occupying a prominent trading position fronting a busy major street 200 yards from the Station, adjacent to the Royal Victoria Place shopping Centre and enjoying a high level of passing pedestrian trade.

BUSINESS - Outstanding opportunity to acquire a well established business occupying a very busy main road adjacent to town centre, enjoying a high level of passing pedestrian trade. We understand the shop has many regular customers from staff of surrounding shops and offices and also local residents. The business has been in the same hands for the past 7 years and is now only being sold as a result of the vendor's other business interests.

TURNOVER – We are informed the turnover is in the region of £4,000-£4,500 pwk @ 65% GP. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

HOURS - 8.00 am – 5.00 pm Monday - Saturday
NO SUNDAY TRADING
The outside catering side of the business operates Monday - Friday only. The outside catering delivers food to corporate and individual customers.
STAFF - The business is at present staff operated by the vendor’s wife with the help of 4 full time staff employed. It will be appreciated on inspection that with an active husband and wife team, the wage bill could be reduced.

PREMISES - Mid parade premises SANDWICH BAR & RETAIL BAKERY, fully equipped.
The shop has been newly refurbished to a very high standard, including laminated floor throughout the premises, open plan fully fitted kitchen for outside catering, suspended ceiling. Large Yard at rear

OUTSIDE CATERING: Included in the sale are 2 American Style Snax Wagons selling hot and cold food to a well established customers base on a daily basis. The business also runs an internet on line service with a well established web site where customers can view virtual food menus and order food on line. A small vehicle is used to deliver the meals locally and to surrounding areas.

WEBSITE: The business offers an online service where customers can view virtual meals and order food online, which is delivered by Van. The website cost £5,000 to set up.

TENURE – We understand the premises are held on a secure renewable lease, having approx. 6 years unexpired at a rental of £7,500 p.a. + VAT, exclusive of rates with rent review every 3 years,next rent review in 2011. Uniform Business Rates: £1,400 p.a. approx.
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