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Popular Village Deli & Sandwich Bar - Dudley For Sale

Dudley, West Midlands
Asking Price:
£74,995 Furniture / Fixtures included
Turnover:
£130,392
Net Profit:
Available on request

Established 1977
Prominent Village Trading Position
Accounts Available To Year End 5th April 2018
Annual Turnover £130,392
Gross Profit £19,703
Accounts Available Upon Viewing
New Lease To Be Negotiated
Low Rent Only £123 Per Week
5* Food Hygiene Rating
Short Trading Hours
Excellent Online Reviews
Internal & External CCTV
To Be Sold As A Going Concern
EPC - TBC

REF 6683 – Leasehold Popular Village Deli & Sandwich Bar

Blacks Brokers are pleased to bring to the market this leasehold deli & sandwich bar located in a busy commercial area of Dudley, West Midlands.

INTRODUCTION

Mrs B's has been trading on Louise Street since 1977. Our client took ownership of the business in 2012 due to the excellent reputation and trading position. The business is well known and has a good reputation in the area with a large base of regular customers. Excellent online reviews are noted on Google, Trip Advisor, Yell and Facebook.

LOCATION

The business is positioned within a busy parade of shops and businesses neighbouring a combination of both independent retailers and large multiples such as Sainsburys. The area is well linked by the A491 with good public transport links and free parking in the immediate vicinity. There is private parking for one vehicle to the rear of the shop.

REASON FOR SALE

The business is being offered for sale due to our client’s other business interests and presents an excellent opportunity for a new owner to take the business to the next level.

LEASE

The building is available on a competitive rent on an Internal Repairs Only lease. The current lease runs at a cost of only £123 per week.

BUILDING LAYOUT AND DESIGN

Mrs B's operates from the ground floor of a spacious, mid terraced property. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the deli is very well presented with large chilled display counters and a dining area for four. Behind the counter is a well equipped commercial kitchen fitted with stainless steel worktops, oven, microwaves and wash up area. Each area is presented well and finished to a high standard.

STAFF

The business is currently operating with six members of staff in employment supporting our client and partner.

FINANCIAL DETAILS

Mrs B's has traded well during the last four decades. We are advised that the business currently has annual turnover of £130,392 with gross profit of £19,703. At present there is a coffee machine leased at a cost of £104 per calendar month. Full financial details are available upon viewing.

SUMMARY

This leasehold business occupies a superb trading position in a busy area. There is plenty of scope to develop the business further with the introduction of delivery services and a registration on partner sites such as Just Eat and Hungry House. New opening hours to accommodate later nights could also be beneficial and there is also scope to launch a catering service in the local area. This is a fantastic opportunity for a new owner to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON - SAT: 07:30 - 15:00
SUN: CLOSED

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