Great Yarmouth Leasehold Seaside Snack Bar | | Great Yarmouth Norfolk | | Popular and well established Seaside snack bar with prime trading position fronting onto Great Yarmouth beach. | | ADVERT NUMBER : 67025
ADVERT IMPRESSIONS : 11,957 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Snack Bars | | SALE: | Agent Sale | ASKING PRICE: | £40950 | | | | | BUSINESS DETAILS: | OVERVIEW
Business retails a mixture of fast food, cold and hot drinks, ice cream, sandwiches, cakes and confectionary.
2009 accounts show sales ex vat of £59,643 with a gross profit of £36,702 (61.53%). Adjusted net profit to a working couple of £21,688 for only 7/8 months trade per annum.
Benefiting from secure lease with a term of seven years, rent and rates of only £7,120 per annum.
Seasonal trade from April to October.
Open to trade 8:30 am - 18:00 pm seven days a week
Large car park is available to the front of the business.
LOCATION
Located on the Yarmouth Beach the business is in a prime position to benefit from the healthy tourist trade this popular seaside destination attracts during the summer season.
The business is surrounded by complimentary businesses selling beach toys and accessories to the public. The donkey ride meeting point is also located on the beach right next to the business making it a focal point for anyone on the beach looking for food or drink.
THE BUSINESS
This seasonal business currently runs from April to early October. At the moment it is run by a husband and wife team who are looking to retire after many successful years running the business. They also employ some part time cover to help them in the business (current wage bill of £5,318). Business retails a mixture of fast food, cold and hot drinks, ice cream, sandwiches, cakes and confectionary.
PRICE: £40,950 for the business goodwill, trade inventory and the lease
Stock extra at valuation | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
