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Established Sandwich Shop In Bury For Sale

Greater Manchester, UK
Asking Price:
£119,950 Furniture / Fixtures included
Turnover:
£185,484
Net Profit:
Available on request

Main Road Trading Position
** Annual Accounts Available April 2021 **
Annual Turnover (April 2021) £185,484
Annual Gross Profit (April 2021) £108,426
Projected Turnover 2021 - 2022£235,000
Further Financial Info Available After Viewing
Shop Established in 1999
Family Owned Business
Reliable Staff
Repeat Customer Base
High Footfall Area
Close To Local Amenities
Scope For Delivery Services
Potential To Expand Catering Services
Retirement Sale
EPC – D

REF 7290 – Leasehold Sandwich Shop

Blacks Brokers are pleased to bring to the market this leasehold sandwich shop located in Bury, Greater Manchester.

INTRODUCTION

Ernill's Bakery shop was established by our client in this busy area of Brandlesholme, Bury in 1999. The business offers a range of freshly baked goods, sandwiches, pies and so on as well as offering an outside catering service. Ernill's is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and good reviews are noted online.

LOCATION

Ernill's occupies a fantastic main road trading position within a busy parade of shops with neighbouring businesses including independent retailers as well as large multiples such as Tesco and Post Office. There are also a number of housing estates and schools nearby. The area is well linked by the M66 with very strong public transport links and free parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement plans, the shop is now offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level. This sale is for the 'retail shop only' and doesn't affect the wholesale manufacturing side of the business, which is also based in Bury.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new five year lease can be made available at a cost of £196 per week.

BUILDING LAYOUT AND DESIGN

Ernill's operates from a spacious single storey retail property. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with kitchen and preparation area to the rear of this. All areas are well equipped and well presented.

STAFF

The business operates with nine members of part-time staff in employment supporting our client working on a part time basis in a management role.

FINANCIAL DETAILS

Ernill's has traded solidly since opening and our client has established a strong repeat customer base. ** Annual Accounts Available April 2021 **, Annual Turnover (April 2021) £185,484, Annual Gross Profit (April 2021) £108,426. Projected Turnover 2021 - 2022£235,000. Full financial information is available upon viewing.

SUMMARY

This highly reputable and long established business occupies an enviable trading position in a busy area of Bury. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and expanding the catering services as well as potentially offering local delivery services. This proposition would ideally suit an owner operating team who could 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: 07:00 - 15:00
SUN: CLOSED

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