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Freehold Sandwich Shop in Prominent Area Of Oldham

Oldham, Manchester
Freehold Price:
£109,950
Status
FOR SALE
Advert ID
240346
Reference
6732 / Rightbiz
    Prominent Industrial Estate Location

    Established Since 2005

    Regular Customers & Repeat Business

    Accounts Available to Year End 31st March

    Projected Annual Turnover (2019/20) £55,000

    Projected Gross Profit (2019/20) £34,000

    Accounts Available After Viewing

    Free Parking In Immediate Area

    Close To Town Centre & Large Multiples

    Scope To Open Longer Hours & Weekends

    Could Suit Any Cuisine

    Retirement Sale

    EPC - D

Description:
REF 6732 – Freehold Sandwich Shop
Blacks Business Brokers are pleased to bring to the market this freehold sandwich shop located in a busy industrial area of Chadderton, Oldham.

INTRODUCTION
Betta Butties has been trading on Summers Street for around twenty years. Our client took ownership in 2005. The shop has a large base of regular customers and is very well known locally. Good reviews are noted on Yell.com and Google.

LOCATION
Located close to the town centre of Chadderton, the business occupies a prominent position within a busy industrial estate. Other local businesses include large multiples such as Kwik Fit and Asda as well as independent retailers. Oldham College and Spindles Shopping Centre are also close by. The area is well linked by the M60 and A627(M) with good public transport links and free parking is available immediately outside.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUILDING LAYOUT AND DESIGN
Betta Butties operates from a single storey, semi detached property. The business is well branded with large signage displayed. The property has been well maintained and is presented well with free parking to the front. Inside, the shop has some bar seating with large menu boards displayed to the side of a large servery counter. To the rear of the counter is a fully equipped kitchen fitted with Lincat warmer, Roband pie warmer, griddles, chippers and much more. There is also a storage area and toilet facilities.

STAFF
The business is currently operating with one casual member of staff supporting our client and partner working on a full time basis.

FINANCIAL DETAILS
Betta Butties has been trading since 2005. Accounts for year ending 31st March Accounts Available to Year End 31st March, Projected Annual Revenue (2019/20) £55,000, with a Projected Gross Profit (2019/20) £34,000. Full financial details are available after viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This freehold business occupies a superb trading position in a busy area and has a long trading history. There is plenty of scope to develop the business further with longer opening hours to include weekends. A strong marketing drive from a new owner could also be of benefit with the addition of outside catering for other local businesses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Drinks Chiller
Deli Serve Over
Roband Pie Warmer
Lincat Mobile Hot Cupboard
Victor Heated Display Unit
Hot Bains Marie x 2
4 Pot Bains Marie
10 Slot Rowlett Toaster
Cooker With Double Oven
Parry Fryer x 2
Griddle x 3
Dishwasher
Microwaves x 2
Under Counter Fridge x 5
Chest Freezer
Larder Freezer
Milan Chafing Set x 4
Food Processor
Meat Slicer
Electric Shutter
Alarm System
Till


Opening Hours:
MON - FRI: 07:30 - 14.30 (licenced until 19.00)


Listing Details
Freehold Price: £109,950
Tenure: Freehold
Location: Oldham, Manchester
Sector: Sandwich Shops, Cafes
Financials
Annual Turnover: £55,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6732 / Rightbiz

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