Takeaway Indian Sweets & Savoury Business | | Undisclosed Leicestershire | | LEICESTER TAKEAWAY INDIAN SWEETS AND SAVOURY BUSINESS Extremely well established business trading for over 25yrs Fantastic high visibility location on busy arterial road surrounded by potential customers Excellent presentation throughout with a new owner having no remedial work to do on take over Good customer reputation A/T: £48,784 F/H: £250,000 + SAV REF: 1264LE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72117
ADVERT IMPRESSIONS : 11,880 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Sweets & Tobacconist | | SALE: | Agent Sale | FREEHOLD: | £250000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business enjoys a high visibility location on a busy main arterial road within a predominantly Asian area of Leicester
HISTORY
The business is currently run by two sisters, who took over from their father who founded it over 25 years ago
REASON FOR SALE
The business is only now being reluctantly offered for sale due to the ill health of the two vendors
PRODUCTS
The business offers a good selection of home produced cakes, sweets and savoury products
CUSTOMERS
The customers are drawn mostly from the nearby densely populated residential areas
STAFF
The two vendors work full time in the business, with the assistance of one part time employee who works approximately 20 hours per week
TRADING HOURS
Mon Sat: 9.30am 6.30pm
FINANCIALS
2011 2010
Sales 48,784 66,312
Gross 25,874 37,851
Net 12,114 22,119
Stock holding £4,000
PREMISES
Mid terraced property off a busy arterial road, it briefly comprises:
Side entry door into the shop
2 serve over chilled counter units
Single door upright chiller unit
Side display counter with storage under
Rear shelving for product display and storage cupboards under
Fly zapper
2 sets of scales and 2 tills
Through to prep area with range of wall and base units
Single upright fridge and freezer
Stainless steel work benches
Side shelving for spice storage
Access to large but unused cellar
Through to rear kitchen with 4 ring gas cooker
3 x large gas single burner cookers
Stainless steel clad walls with stainless steel extraction unit over
Stainless steel sink with side drainer
Stainless steel work benches
w/c
back door entry to access via staircase to first floor apartment used predominately for storage purposes with 2 large rooms, bathroom and kitchen area
The premises benefit from a non slip floor in the retail and prep areas, air con unit for hot and cold in the retail area and with a manually operated canopy over the front of the shop
STRENGTHS
An extremely well established business which has been trading for over 25 years
Very good high visibility location on a busy main arterial road surrounded by potential customers
Excellent presentation throughout with a new owner having no remedial work to do on take over
Good customer reputation with regular repeat clients and many referrals
SCOPE
This is already a very successful business, it does however, offer good potential to increase both sales and profits in the future by:
1. Opening on Sundays
2. Offer a home delivery service
3. Have a business web site
4. Advertise
TENURE
Freehold
Rates: £1,455 per annum
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1264LE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
