Surrey Very Profitable Leasehold Wholesale And Retail Bakers For Sale

Business description

The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £350,000 pa with a net profit of £31,000 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for an existing Bakery looking to expand in both wholesale and retail operations.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides breads, patisserie and savories.

History
Phoenix Business Transfer Agents are delighted to place onto the market this Very Profitable Bakers in Surrey which has been established since the early 1960’s. The business has been in the hands of the current owner since 2000 and he now wishes to sell due to family commitments.

Services
This very good business opportunity provides breads, patisserie and savories.

Staffing
The concern employs 4 full-time and 3 part-time. The wages are £85,000.

Owners Role
The owner is involved in the day to day running of the business.

Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.

Competition
There is no local competition.

Market
The client base consists of 60% wholesale commercial contracts and 40% retail customers.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include later afternoons from Monday to Saturday and Sunday trading.
• Increasing the product line to include cakes and increase the range of pastries.
• Develop more wholesale customers through increased advertising and further increase the services offered by establishing catering for private buffets and businesses.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.


The present annual turnover is £361,649with a gross profit of 68% and a net profit of £31,000. The wages are £85,000.The present value of the stock is £5,000.
The potential turnover of the business within the next 2 years is forecast to reach £460,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease was 10 years with 9 years remaining. The rent is £18,000 pa with a review in 2015. The lease may be renewable or negotiable for longer term if required. The rates are £920 pa.

Leasehold rent:

£18000pa per annum

Living accommodation:

The concern has huge potential. In particular the turnover and profits can be increased by: • Increasing the marketing activity with direct mailings and local and internet advertising. • Increasing the opening hours to include later afternoons from Monday to Saturday and Sunday trading. • Increasing the product line to include cakes and increase the range of pastries. • Develop more wholesale customers through increased advertising and further increase the services offered by establishing catering for private buffets and businesses. • Becoming more efficient with staffing levels. • Working more hands on hours and saving on wages. • With the introduction of a website and e-commerce.

Location:

- Situated in the Brookwood area of Woking in Surrey.
- Prominent location on main arterial road.
- Excellent free parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A324, A322, M3 and M25.
- Woking, Farnborough, Camberley, Lightwater and Guildford all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.

Premises details:

- Situated in the Brookwood area of Woking in Surrey.
- Prominent location on main arterial road.
- Excellent free parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A324, A322, M3 and M25.
- Woking, Farnborough, Camberley, Lightwater and Guildford all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.

Size in square feet:

150sq ft

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include later afternoons from Monday to Saturday and Sunday trading.
• Increasing the product line to include cakes and increase the range of pastries.
• Develop more wholesale customers through increased advertising and further increase the services offered by establishing catering for private buffets and businesses.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.

Competition / Market:

There is no local competition.

Reasons for selling:

now wishes to sell due to family commitments.

Trading hours:

Monday to Friday: 6.30am - 3pm
Saturday 8.00am – 12pm
Sunday Closed

Employees:

The concern employs 4 full-time and 3 part-time. The wages are £85,000.

Years established:

51years

Other information

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Furniture / Fixtures value:

£80,000 (included in the asking price)

Inventory / Stock value:

£5,000