Property Information
Address:
Newcastle Upon Tyne, Tyne And Wear
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489053
Property Ref/Agent: 2660-fantastic-catering-service-with-large-industrial-premises
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe are delighted to welcome to the market Sunflower Catering, a hot and cold sandwich bar and outside catering service.
Established in a fantastic location in 2003 when our client first set up the business. The business has built up an extensive loyal customer base within the area. However our client is now reluctantly selling the business due to a well-deserved retirement.
The business is currently generating an advised turnover of 59,000 per annum with a gross profit of 60%. This business is certainly thriving in the area. The turnover could be increased further by getting a delivery van for the business; leading to targeting customers more further afield. Being so close to major routes allows the business to easily deliver to the surrounding towns.
The business is in an industrial building on a large industrial site and targets the local workers and visiting trade for custom. By advertising the company a little more, the new owner may be able to bring in passing trade from those major routes that are close by, and therefore increase revenue.
This is a fantastic opportunity for a new buyer to invest in such an already thriving business. This business has been priced for a quick sale, so I advise an early viewing to avoid disappointment.TENUREWe are advised that the business is leasehold
Rent 337 per monthHOURSBusiness opening times-
Monday-Friday: 7:30am-2pmSTAFFThe business is run and managed by our client with the help of 1 part time member of staff.FINANCIAL PROFILEWe are advised the turnover for the business is around 59,000 per annum
With a gross profit of 60%
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