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Leasehold Licensed Cafe/sandwich Bar In South Wales

Undisclosed
Licensed Cafe/Sandwich & Espresso Bars South Wales Ref: 8059 T/O: £712,000 GP: 65%- 69% Highly profitable. All sites prime city/town centre locations, Fitted out to a high standard
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 13139
ADVERT IMPRESSIONS : 247,940 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Sandwich Bars
SALE: Agent Sale

LEASEHOLD:

£495000 + SAV

ANNUAL RENT:

£40000
 

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BUSINESS DETAILS:

Amberglobe is delighted to offer for sale this highly successful group of businesses operating as caf‚/sandwich and Espresso bars. Our clients established the business in 1992 and offer top quality baguettes, jacket potatoes, salads, breakfasts, a vast selection of coffees and desserts. Two outlets are licensed, giving customers the opportunity to have a glass of wine or beer with their meals. The company enjoys strong branding and has a very recognisable name, with extensive radio advertising having been carried out. All baguette fillings are cooked and prepared on their own premises, ensuring quality and freshness. Because of the success of their own businesses, our clients embarked on a franchising operation in 1996 and have three very successful franchise outlets to date. The franchising represents the potential for new owners to take the business to the next level and to 'roll it out' across the UK, such is the strength of this brand. Turnover is currently £712,000 per annum, including franchise commission and gross profit margins are 65% - 69%, producing high net profits. Our clients are now looking to take semi-retirement. Amberglobe highly recommends an early viewing of this well-established business, which is ripe for growth.
   
  FOR SALE
   

REFERENCE:

8059 / RightBiz
   
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