Busy Bakery And Catering Business In Norfolk | | Norwich Norfolk | | Bakers and Confectioners Norwich, Norfolk T/O: £158,000 GP: 75% Scope to increase turnover Loyal customer base Well-equipped Established business | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59826
ADVERT IMPRESSIONS : 13,031 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bakers | | SALE: | Agent Sale | FREEHOLD: | £264,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Hardy's Bakery and Albion Catering occupy substantial 3-storey mid-parade premises ideally located on the outskirts of Norwich city centre, Norfolk. The premises benefit from ample on street parking and are surrounded by a variety of complementary shops and businesses. The local railway station is less than a mile away and there are regular buses running through the area. The business boasts easy access to the local A-road network and the city centre, which is a mile away. Norwich is a popular destination for a city break boasting attractions including Norwich Cathedral, the cobbled streets and museums of old Norwich.
Business History
Preferred Commercial is delighted to offer for sale this busy bakery, confectioners and catering business, which was established by our client's family in 1945. The business is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade with a large sales area, commercial kitchen, bread production room, confectionery area and sandwich room. Our client has established an excellent reputation with a loyal customer base and is a member of the National Association of Master Bakers. Our client currently offers a variety of high quality fresh bakery produce, confectionery and external catering services. The business is currently run at a pace to suit our client and trades 6 days a week, which generates a turnover in the region of £158,000 with a gross profit of 75%. We feel this could be further increased by opening longer hours and expanding the external catering services available. The new owner could, if desired, convert the second floor into a flat and let out to further increase turnover. This is an ideal opportunity to acquire an already busy bakers and catering business with huge potential. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £158,000
GP: 75%
Opening Hours
Mon - Fri: 8:00am to 4:00pm
Sat: 8:00am to 1:00pm
Accommodation Details
Substantial 3-storey mid-parade bakery and catering premises. Briefly comprising:
Ground Floor
• Large shop area with display counter, dairy cabinet, coffee machine, 2 x pot Bain Marie, hot cabinet, refrigerator, small bake-off oven, shelving and seating for up to 10 covers
• Kitchen with fridge-freezer, microwave oven, 4-burner gas hob oven, fryer, washing machine, cupboards
• Confectionery area with 3 x drawer baker's oven, commercial mixer, large industrial refrigerator, pastry brake, preparation tables and sink
• Bread production area with 2 x dough bowls, 3 x bread slicers, 2 x retarders, prover, large and small spiral mixer, dough moulder, roll machine, and 1 x 3 drawer baker's oven
• Dry store room with upright commercial freezer, 3 x chest freezers, prover
First Floor
• Sandwich room with 4 x refrigerators, preparation area, wrapping machine, commercial sink, hand wash, fax machine
• Confectionery room with 3 x catering freezers, preparation table, commercial mixer, dishwasher, scales
• Catering store with shelves
• Office area
• Mens changing room
• Ladies changing room
• Storage room
Second Floor
• Loft space suitable for conversion to living accommodation
Cellar
• Storage room with tiled floor
External
• Allocated parking and access at rear
Tenure
Advised Freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2255 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
