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Fri, Feb 28 2020 08:57:29 AM  |  /

Two Top End Superbly Located Sandwich Shops

Business Id:000384     |    Reference: AF185
Leasehold Price:
£59,950.00
Business Description

Two Top End Superbly Located Sandwich Shops
Ref. AF185
Location : Leicester
Asking Price : £59,950
Turner Butler has been appointed to invite offers for the purchase of the assets of this
long established impeccably presented sandwich business.
The two retail units are superbly located and are in close proximity. The sandwich shops are surrounded by offices, many of which house solicitors and accountants. They operate to 5* hygiene standards.
Regular repeat business is a reflection of the attention paid to customer service.
The location of the business is its key strength. The staff use only the finest quality butcher’s meats as well as Covent Garden fruit and veg.

 
Business Information
Turnover:£155,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Sandwich Shops
Statistic Information
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Business Profile
Equipment:
Key strengths: The location of the business is its key strength. The staff use only the finest quality butcher’s meats as well as Covent Garden fruit and veg.
Key Opportunities:
Financial performance: Turnover c. £155,000 Gross Profit Margin c. 48% Net Profit: Undeclared The assets of the business are being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Asking Price: The asking price of £59,950 is for the assets of the business. The shops are equipped to a very high standard. All equipment, fittings and furniture are included in the asking price.
Advertising and Marketing: There is currently a zero advertising spend.
Growth and Expansion: There is massive growth potential in this business. A new owner manager would benefit the operation significantly and staff costs could be cut. The business is currently not promoted on social media and doesn`t have a web presence. They currently do not accept card payments. Whilst they do a little outside catering there is great potential for expansion here.
Premises:
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Employees: There are 6 staff working a total of 150 weekly hours.
Support and Training:

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