Take Away And Catering Business In County Durham | | Undisclosed County Durham | | T/O: £350,000 GP: 40% Scope to enhance Well-equipped Popular seaside town Low overheads | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57815
ADVERT IMPRESSIONS : 19,079 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Catering | | SALE: | Agent Sale | LEASEHOLD: | £169,999 | ANNUAL RENT: | £6,300 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Fast Snacks occupies ground floor lock-up premises ideally located on a busy main street in Hartlepool, County Durham. The premises are opposite the local railway station and there is a bus stop close by. The business has easy access to all the town centre amenities and is surrounded by a wide range of complementary shops and businesses. Hartlepool is an attractive seaside town steeped in history and boasting mile after mile of golden sandy beaches, which draws large numbers of visitors every year. The town has recently seen the completion of a stunning marina complex. Hartlepool is easily accessible from the A1(M), which is approximately 15 miles to the west.
Business History
Preferred Commercial is delighted to offer for sale this popular takeaway and catering business, which was established by our client in 1985 and which is only now offered to the market due to a change in our client's circumstances. The premises are very well equipped with a substantial catering kitchen and large shop area and also benefits from low rent. Our client currently offers a wide range of hot and cold snacks including hot sandwiches, jacket potatoes, pies, cakes, sweets and drinks along with a local delivery service and wholesale catering. The business currently trades seven days per week and generates a turnover in the region of £350,000 per annum with a gross profit of 40%. We feel the business could be easily run at the current pace and there is the potential to increase the income by expanding the amount of outside catering. The new owner could, if desired, establish a modest web site with information about available menus, opening hours and location, which would further enhance the business. This is an ideal opportunity to acquire a busy and profitable catering business, which is well equipped and which has further potential. Early negotiations with Preferred Commercial are highly recommended.
Financial Details
T/O: £350,000 approx.
GP: 40%
Opening Hours
Mon - Fri: 6.00am to 3.00pm
Sat & Sun: 7.00am to 1.00pm
Accommodation Details
Ground floor lock-up retail premises in a main road location. Briefly comprising:
Ground Floor
• Good-sized shop area with hot food display cabinet, chilled food display cabinet, microwave oven, 2 x double drinks chillers, confectionery display, crisps rack, 2 x electronic cash registers, pie warmer and chalk menu boards
• Preparation room with good range of commercial equipment including meat slicer, commercial microwave oven, sink unit, 5 x stainless steel preparation tables, stainless steel cooker hood, hot plate, 2 x grills, heat-sealing machine, 2-pot Bain Marie, extraction unit, walk-in refrigerator, range of wall cupboards, hand wash basin and storage area
• Rear preparation room/storage area with 2 x chest freezers, large walk-in refrigerator with shelving, labelling machine, 2 x wrapping machines, 'Bakbar' turbofan oven and extensive preparation worktops
External
• Prominent frontage onto main street
• On-street car parking
Tenure
Leasehold
Original length: 15 years
Remaining: 13 years
Rent: £6,300 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2157 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
