Attractive Old Established Retail Bakery/sandwich Bar/tearooms | | Undisclosed Kent | | Situated in a parade, excellent trading position, sought after NR. ORPINGTON, KENT | | ADVERT NUMBER : 47339
ADVERT IMPRESSIONS : 28,811 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bakers | | SALE: | Agent Sale | LEASEHOLD: | £35000 | | | | | BUSINESS DETAILS: | Features : This attractive business has been in the same hands for the past 28 years and there are genuine reasons for sale.
Forecourt area with space for 5 tables and 10 chairs (can be increased)
SPACIOUS DOUBLE FRONTED PREMISES with suspended ceiling, concealed lighting. Air conditioning. Well equipped including large display counter with cool display section plus hot display section. 4 tables plus 8 chairs. Mirror-backed bread display shelving, 2 bread slicers, bean-to-cup coffee machine (on lease), bake-off oven, menu blackboard.
Kitchen at rear with double sink and drainer, upright deep freeze, chest deep freeze, chest deep freeze etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent trading position, sought after NR. ORPINGTON, KENT
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 5 p.m.
With the exception of Wednesday when the business only opens from 8 a.m. - 2 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
Turnover : WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales for year ending March, 2010 showed £181,164 with a gross profit of £75,001 i.e. 41.4%. Please note the purchase of this business is subject to entering into a Supply Agreement with the present owners for all flour based products. We understand that these products will be supplied at a 40% discount. We are advised that the bakery products for year ending March, 2010 amounted to £81,803 at 40% discount. In addition there were purchases of £24,360 in respect of fillings for baguettes, sandwiches etc.
Tenure : We undertand the premises are held on a secure renewable lease, the present lease having approximately 3 years unexpired at a rental of £14,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £5,730 p.a. approx.
AS STATED THIS BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 28 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Yard at rear
Staff : At present staff operated. Staff employed 1 full time plus 3 part time staff in addition there are 3 Saturday girls. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
