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Profitable Sandwich Shop & Bakers in County Durham For Sale

 
Durham, United Kingdom
 
Advert ref: SA235NE
  
Business description
Lakey & Co are delighted to offer For Sale this busy and well known local Sandwich Shop & Bakers For Sale. Currently taking around £5,000 per week with sales continuing to grow this business presents a perfect opportunity for a first time business buyer or for an existing operator wishing to expand their portfolio. The business operates as a Sandwich Shop and Bakers with a fully equipped modern bakery supplying the retail outlet and also an established wholesale delivery round currently supplying 12 customers.

Years established: Over 90 years
Trading hours: Monday—Saturday : 8.30am—5.00pm (Sat closing 3.45pm) Sunday: Closed
Property: Leasehold

Lease terms
The premises are leasehold with a current rental of £4,750 per year. We are advised the the business rates payable are £1200 per annum.

Location
This Sandwich Shop & Bakery business benefits from a prime village location with high amounts of passing traffic and ample parking.

Expansion potential
The business is well positioned to take advantage of the demand for both further wholesale deliveries and outside catering / buffets.

Competition / Market
Our clients have built an excellent reputation for quality products at competitive prices and are continuing to show good sales growth year on year

Reasons for selling
The business is being sold to enable our clients to retire

 
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Financial details

 
Asking price: £95,000
Sales revenue: £265,000
Net profit: £40,000
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 
 

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