Established Bakery And Sandwich Shop In Staffordshire | | Cannock Staffordshire | | Bakery and Sandwich Shop Cannock, Staffordshire T/O: £100,000 GP: 65% Scope to increase turnover Loyal customer base Well-equipped Prime trading position High street location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66280
ADVERT IMPRESSIONS : 9,515 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bakers | | SALE: | Agent Sale | LEASEHOLD: | £49,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Cobfather occupies ground floor lock-up premises, ideally located on a busy high street in the town of Cannock, Staffordshire. The premises benefit from ample parking in the vicinity and are surrounded by a variety of complementary shops and businesses. The business enjoys a high footfall and receives much passing trade from the A460. There are excellent public transport links close by with numerous bus stops in the area and the railway station at the end of the road. There are a number of amenities close by including two colleges, the Museum of Cannock Chase and Hednesford Hills Raceway. Cannock is a large town popular with commuters, and is a desirable place in which to live and work. The business boasts easy access to the A460, while the M6 toll road lies less than 4 miles away. Wolverhampton lies approximately 11 miles away, while Birmingham city centre is 22 miles to the south.
Business History
Preferred Commercial is delighted to offer for sale this busy bakery and sandwich shop, which was established in 2000 and which has been in our client's careful hands since 2010. The bakery is only now offered to the market due a change in our client's circumstances. The business trades 6 days a week and generates a turnover in the region of £100,000 per annum with a gross profit of 65%. Our client offers a wide range of fresh sandwiches, pies, pastries and cakes, along with an outside catering service. We feel the turnover could be increased by extending the range of products available and offering a delivery service. There is also the opportunity to embark on a modest marketing campaign. The business has a gained a loyal customer base and enjoys much repeat trade and word of mouth recommendations. We have been advised that the area is currently undergoing a £53m development of new residential and commercial properties, which should increase business. Our client has informed us that there is a 2-bedroom flat on the first floor available by separate negotiation. This is an ideal opportunity to acquire an already busy bakery and sandwich shop with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £100,000 approx.
GP: 65%
Opening Hours
Mon - Sat: 8:00am to 4:00pm
Sun: Closed
Accommodation Details
Substantial ground floor lock-up retail premises. Briefly comprising:
Ground Floor
• Shop area with 6 covers, chiller, 3 x glass serve-over counters, menu boards, coffee machine, sandwich press, electronic cash register and display stand
• Kitchen with turbo fan oven, chiller, 2 x microwave ovens and stainless steel work areas
• Preparation area with sink, refrigerator, freezer, store cupboard, WC and door to rear
External
• Tables and chairs for 4 covers on forecourt
• Enclosed rear yard
Tenure
Leasehold
Original length: 3 years
Remaining: 2 years
Review: every 3 years
Rent: £550 per month | | | | | | FOR SALE | | | | | REFERENCE: | 2606 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
