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: MH489444
Property Ref/Agent: 2130-thriving-sandwich-barcatering-business-in-bristol-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 bar and catering business in the busy city of Bristol. The business was established by our client in 2004 and is only now being offered to the market due to our client's desire for a change of career. The business is open five days per week and generates a turnover in the region of 208,000, with a gross profit of approximately 54% as per 2015 accounts. Our client offers a wide range of high quality sandwiches, snacks, baguettes, Panini's, toasties and salads, as well as selection of hot and cold beverages.
The business has an excellent reputation within the area for the high quality of the produce available, which has resulted in a very large and loyal client base, with a vast amount of repeat trade, as well as word of mouth referrals. The business also specialises in corporate and business lunches, vending supplies, on site catering with staff, wholesale supplies, sandwich delivery rounds and bespoke catering for weddings, parties, birthdays etc. The business has three ongoing contracts in place, which includes schools and providing daily lunches for a large local company.
The sandwich delivery service is based on a set route with a sophisticated online ordering system, from which customers can order for delivery a wide range of sandwiches and snacks. Included in the sale of the business is one sign written refrigerated van. The business benefits from a 5 star food hygiene rating. We feel the turnover could be increased by extending the opening hours and perhaps open on Saturdays.
There is also scope for a new owner to embark on a marketing campaign to highlight the event catering side of the business. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised leasehold:
Original lease length: 5 years
Remaining lease length: 3 years
Rent: 6,147 per annumHOURSThe business is open:
Monday - Friday: 5.00am - 3.00pm
Saturday - Sunday: ClosedSTAFFThe business is owner run and managed with 2 x full time and 3 x part time staff members.FINANCIAL PROFILEThe business generates a turnover in the region of 208,000, with a gross profit of approximately 54% as per 2015 accounts.
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