Well Established Prominent Main Road Position Sandwich Bar For Sale

Business description

For sale is a well established sandwich bar in a very prominent main road position. On street parking is available with further parking facilities to the rear of the business. Last years turnover was 63K gross sales based on limited openings. There is further potential to improve sales by opening longer hours and developing outside catering. The business benefits from a major refit in 2008 with many appliances being replaced. There is also an electrically operated security shutter fitted, this was brand new in 2008. in addition a new canopy was fitted to the front of the shop at the same time. The business benefits from an established repeat business and local factory/business orders. The business was recently professionaly valued at over £36K> It is for sale at the absolute bargain price of only £19995 for a quick sale.

Property information

Property:

Leasehold

Lease terms:

3 years remaining on the lease this is renewable for a period of 5 years

Leasehold rent:

£5,000 per annum

Location:

Prominent busy main road position right in the heart of lots of businesses units factories and passing trade.

Premises details:

The business is at the end of a busy row of terraced style shops

Other information

Expansion potential:

There is further potential by increasing opening hours and establishing outside catering facilities in addition new additions to the estblished menu may further increase sales.

Support & training:

1 weeks handover period with full training is available to any prospective purchaser with continual support throughout the 1 weeks handover period if needed

Reasons for selling:

Business for sale due to family commitments

Trading hours:

Monday to Fri 8:00 am to 1:30 pm
Saturday and Sunday 8:30 am to 12:30 pm

Inventory / Stock value:

£500

Website:

www.litebites.plus.com