| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 6,451 TIME(S)
BUSINESS REFERENCE : 8868 CV / RightBiz 8868 CV WEST MIDLANDS LEASEHOLD: £80,000 DELICATESSEDELICATESSEN | | | | | | DELICATESSEDELICATESSEN WEST MIDLANDS REF: 8868 CV ASKING PRICE: LEASEHOLD: £80,000 + SAV | | | BUSINESS LOCATION: | Undisclosed West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Delicatessens | | SALE: | Agent Sale | LEASEHOLD: | £80000 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is pleased to have
been instructed to offer to the market this
exceptionally well established deli and coffee
bar with excellent future potential.
The business, which was founded in 1952
has been in the careful hands of the current
vendors for over 24 years and is only now
being reluctantly offered for sale to enable
them to pursue an unrelated business
venture.
The deli offers a large and comprehensive
product range including:
• Cheeses
• Cooked meats
• Oils, herbs and spices
• Biscuits
• Jams and marmalades
• Soft drinks
• Ice cream
• Dried convenience foods and wines
The deli has a quite outstanding sandwich
and coffee bar with approximately 65
different blends including Kopi Luak,
Mexican Opixaxa and Jamaican Blue
Mountain to name but a few. Connoisseurs
of coffee will appreciate the true quality of
the fayre. They also offer approximately 18
tea types and a good home made selection of
sandwiches.
The business employs 8 part time staff, who
each work approximately 24 hours per week
and one vendor full time. They achieve an
excellent annual turnover of approximately
£270,000 with a gross profit of
approximately £124,000.
Stock at cost we are advised is circa
£11,000.
TRADING HOURS
Mon-Sat: 9.00am – 5.00pm
EXPANSION POTENTIAL
Although the business achieves excellent
annual sales, there is still a huge potential to
both increase turnover and profits
considerably by:
1. Converting the large first floor space
to have extra café space and serve hot
food
2. Offer ethnic food to the local Asian
community
3. Put extra tables and chairs outside
the shop to benefit from the very deep
pavement, most of which is under
cover
4. Have an internet site and offer the
speciality coffees
5. Offer outside buffets and catering
supplies to the huge number of offices
nearby
6. A husband and wife team working
together would substantially reduce
the business wage bill
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £267,719
Gross Profit: £123,176
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Large and spacious 2 storey premises
presented to a high standard throughout,
with a fully alarmed and dummy CCTV
installed, briefly comprising of:
Ground Floor
• Two properties converted into one
• Full display window one side with
a central entry door to the other
• Electrically operated roller shutters
over all front windows
• Entry into the coffee and sandwich
bar with 12 bar stools around an
attractive bar with the full range of
coffees and teas displayed to the
rear
• 3 internal tables with chairs, coffee
grinder, coffee machine
• Sandwich display
• Deli counter with 2 long displays,
one for cheeses and one for meats
• Scales, meat slicer, extensive racking
and shelving throughout the shop
• Rear kitchen and staff room
• 2 chest freezers, electric oven, 6 slice
toaster, dishwasher
• rear storage with upright fridge and
double door upright freezer
• Exit to rear loading bay
First Floor
• Large first floor stores with office
off
• Extensive racking throughout
• Kitchen area
• Ladies and gents w/c’s
• Exit to rear balcony
TENURETENURE: Sitting tenant holding over
Rent: £14,000 P.A.
We are advised that the annual business
rates are currently: £6,412
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8868 CV / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
