Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Sandwich Bar & Outside Catering, Gosforth For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£50,000 Furniture / Fixtures included
Turnover:
£150,000
Net Profit:
Undisclosed
  • Busy, prominent main road position.
  • Sales circa £3,000 weekly.
  • Retail plus Outside Catering trade.
  • Extremely spacious premises.
  • Scope to incorporate internal seating.
  • Rare to the market opportunity.
  • LEASEHOLD £50,000 plus stock at valuation.

Property Information

Property:

Leasehold

Lease Terms:

5 year lease from 2024.

Leasehold Rent:

£15,600 per annum

Location:

The premises are located within a busy and popular parade which fronts onto Great North Road, the main route running into Gosforth from the A1(M) Western Bypass. The parade includes a range of food and retail outlets and is also adjacent to a busy fuel station.

Gosforth is one of the most sought-after residential suburbs of Newcastle with excellent infrastructure and a wide range of residential accommodation options.

Premises Details:

This business opportunity comprises a franchised outside catering service, plus a retail element which sells direct to local and passing trade.

The outside catering service has been in our client’s hands for circa 5 years and was originally operated from an industrial estate before moving to this more prominent unit in 2024. Their client base comprises good quality corporate and SME organisations with high levels of repeat business and good spends per head. There is a simple online ordering system which the customer fills in and which is then actioned by the client.

The short hours trading regime is through personal choice, rather than custom, and there is scope for new owners to develop the retail business by extending the trading hours to include weekends.

New owners could also consider incorporating seating within the main space as there is plenty of room to do so and the rear shop could be used to prepare the outside catering orders. At the moment the outside catering makes up circa 70% of the turnover with the remaining 30% being from the retail shop.

The business is a rare to the market opportunity with strong profit margins and the potential for further growth in the right hands.

Size in square feet:
1,200
Energy Performance Rating:
C

Business Operation

Management type:
This business is owner operated.
Trading hours:

Monday - Friday 7.30am - 4.30pm
Saturday & Sunday closed

Employees:
2 employees (total 56 hours per week).
Years established:
5 years.