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Established Pie, Cake & Sandwich Shop - St Helens For Sale

St Helens, Merseyside, UK
Asking Price:
£99,950 Furniture / Fixtures included
Turnover:
£171,970
Net Profit:
Available on request

New Lease Available If Required
High Value Equipment circa £100k+ Included In Sale
Strong Social Media Following
Accounts Available Year End 31st March 2020
Annual Turnover £171,970
Gross Profit £102,028
Accounts Available After Viewing
Good Relationships With Local Businesses
Fantastic Online Reviews
Retirement Sale
EPC - TBC

Blacks Brokers are pleased to bring to the market this leasehold pie wholesaler and retailer located in St Helens, Merseyside.

INTRODUCTION

Pimmies Pies has been trading at 16E Westside Jackson Street in St Helens since 2008. The business is a pie manufacturer that specialises in pies, sausage rolls and also retails sandwiches and cakes. The unit on Westside Jackson Street attracts retail customers itself ad the business also supplies produce to local shops in the area. They also have a market stall in St Helens market that is open each Friday. The business has a strong social media following on Facebook.

LOCATION

Westside Jackson Street is within a busy industrial estate that is one mile away from the nearest railway station and only four miles from the M6 and M62 motorway network.

REASON FOR SALE

This opportunity has become available due to our client’s retirement plans and therefore the business has been placed on the open market at this appealing price point.

LEASE

The unit is available for rent on a FRI basis ( Full Repair and Insurance). This is the most common type of lease. A new lease will be assigned to the new owner on a five year basis. The current rent is £182 per week.

BUILDING LAYOUT AND DESIGN

The lease covers the entire unit. The unit is approximately 400 square meters in size and is a single storey construction. There is a main door that leads into the pie factory with a manager’s office. To the rear of the unit is the staff room and staff toilet facilities. There is a mezzanine floor for additional storage. The unit is 100% commercial.

STAFF

Our client works in the business full time and is supported by seven part time members of staff with a full time baker.

FINANCIAL DETAILS

The accounts year end 31st March 2018 show that the business has an annual turnover of £171,970 with a gross profit of £102,028. Full financial information can be made available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY

Since 2008 the business has traded steadily and is well know in the surrounding areas for producing quality produce. The business does not advertise whatsoever and obtains new business from word of mouth and local reputation. The business is now in ideal shape for a new owner to build upon the reputation and continue to build the business. Early viewings are advised for this profitable business.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - SAT: 05:00 - 14:30
SUN: CLOSED

Contact Blacks Business Brokers

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