Property Information
Address:
Bristol, Bristol
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH514357
Property Ref/Agent: 12383-popular-sandwich-bar-in-thornbury-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this well-established and very popular sandwich shop business, which is ideally located within the town of Thornbury, South Gloucestershire.
The business was established by our clients in 2004 and is only now being offered to the market due to our clients' desire for a well-deserved retirement. The business currently operates 5 days per week and according to the accounts ending March 2015, it generated a turnover in the region of 81,300 per annum, with a gross profit of approximately 37%.
Our clients offer hot and cold sandwiches with a variety of fillings, freshly baked baguettes, wraps, salad bowls, jacket potatoes and a selection of hot and cold pies and pasties. Our clients also offer a delivery service within the area, as well as catering for school events. The premises boast approximately 21 sq. metres, is very well maintained and extremely well fitted out to suit the trade.
The sandwich bar has built up an enviable reputation within the area and further afield for the very high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening on Saturdays. A new owner could also embark on a modest marketing campaign to highlight the goods offered. There is also scope to increase the outside catering arm of the business. Our clients have already taken advantage of social media, with a popular page on Facebook, which has over 600 likes and excellent reviews.
This is a prime opportunity to acquire a well-established and very popular sandwich bar in a prime trading location, therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 4 years, as of May 2016.
Rent: 550 per monthHOURSThe business is open:
Monday - Friday: 8.00am - 2.00pm
Saturday - Sunday: ClosedSTAFFThe business is owner run and managed with 2 x part time staff members.FINANCIAL PROFILEAccording to the accounts ending March 2015, it generated a turnover in the region of 81,300 per annum, with a gross profit of approximately 37%.
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