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Fantastic Sandwich Bar In Worksop

Worksop, Nottinghamshire
Leasehold Price:
£39,950
Status
FOR SALE
Advert ID
227564
Reference
6467 / Rightbiz
    Established Since 2004

    Accounts Year End 31st March 2019

    Annual Turnover £107,927 (Audited)

    Gross Profit £56,035 (Audited)

    Accounts Available Upon Viewing

    Huge Potential To Introduce Deliveries

    5* Food Hygiene Rating

    Retirement Sale

    Growing Outside Catering Business

    Closed Weekends / Short Trading Hours

    EPC - D

Description:
6467 Sandwich bar
Blacks Business Brokers are pleased to bring to the market this leasehold sandwich bar in the much sought after area of Worksop, Nottinghamshire.

INTRODUCTION
Alfresco Sandwich Bar has been trading on Potter Street with our client in ownership since 2009. The business is exceptionally busy and well known, having gained a very large, repeat customer base. The business currently has no delivery service in place leaving a new owner to take full advantage of this. There is also huge potential to open at the weekends.

LOCATION
Worksop is the largest town in the Bassetlaw district of Nottinghamshire, on the River Ryton at the northern edge of Sherwood Forest. The business is close to Savoy Cinema, Best Western Lion Hotel and two high street banks. The business is well linked with local public transport and the A57.

REASON FOR SALE
The business is available due to our clients wish to retire.

LEASE
The business is held on a Full Repair and Insure lease (FRI) which started in 2009 and expires April 2020. A new lease is negotiable with the landlord. The rent is £130 per week.

BUILDING LAYOUT AND DESIGN
The business is on the ground floor of a single fronted property just on the outskirts of the town centre. The business is set over two areas, the ground floor, which has the servery area alongside a preparation area and up the steel spiral staircase to the first floor is the kitchen. A floor plan is available upon request.

STAFF
The business is ran with the two owners in full time employment alongside 2 part time staff.

FINANCIAL DETAILS
We are advised that the business achieves an annual turnover of £107,927 with a gross profit of £56,035. Full financial information can be given after an initial viewing of the business.

BUSINESS RATES
The business benefits from small business rates relief.

SUMMARY
This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. There is potential to increase the turnover with the introduction of a delivery service alongside online ordering systems such as Just eat and Ubereats. A strong marketing drive from a new owner would also be beneficial, Early viewings are advised.

Fixtures & Fittings:
Panini grill
Convection oven
Microwave
Bain marie
Griddle
Grill
Chiller display unit
Fridges
Freezers


Opening Hours:
Mon - Fri - 7.30am- 2pmSat & Sun - Closed


Weekly Rent:
£130 Per Week. Weekly Rent:
£130 Per Week.
Listing Details
Leasehold Price: £39,950
Tenure: Leasehold
Location: Worksop, Nottinghamshire
Sector: Cafes, Sandwich Shops
Financials
Annual Turnover: £107,927
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6467 / Rightbiz
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Within 1 milei:
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