Highly profitable FOOD TO GO OUTLET with in house BAKERY, thriving large MID DEVON town which continues to expand with new developments taking place. Occupying central town centre trading position ensuring substantial foot flow/passing trade, surrounded by other businesses from which trade is also received, car parks/public transport links within close proximity.
Deceptive premises extending over 2 levels, the subject of refurbishment in recent years. Provide customer reception/retail/servery area, adjoining baking area, additional sandwich preparation room/kitchen, and lower ground floor storage with walk in freezer, plus cloakroom facilities. Favourable premises costs despite town centre trading position, qualifying for 100% business rate relief.
A most efficiently managed business with excellent staffing structure in place, producing sandwiches, pastries, cakes, bread and other snacks, simply buying in additional products to bake off, also offering hot and cold drinks to take away. Predominantly retail sales, supplying a few other businesses but no deliveries.
Top performing growing business, Sales increasing year on year, last financial year Sales £395,945 ex Vat, Gross Profit £255,152 (64%), adjusted Net Profits in excess of £136,000. Commands excellent reputation, regular repeat local trade, still opportunities available to build on current levels of successful trade.
Leasehold £120,000 sav Ref: SB/K35662N
