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Established Sandwich Shop Bury

Bury, Manchester
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Established Sandwich Shop BuryEstablished Sandwich Shop BuryEstablished Sandwich Shop BuryEstablished Sandwich Shop BuryEstablished Sandwich Shop Bury
  • Leasehold: £119,950
  • Turnover: £185,484 £3,567 Per week
  • Net Profit: Not Applicable

Business Details

    Shop Established in 1999

    Main Road Trading Position

    Annual Accounts Available Year End April 2021

    Annual Turnover £185.484

    Gross Profit £108426

    Projected Turnover 2021 - 2022 £23.5000

    Retirement Sale

    Further Financial Info Available After Viewing

    Family Owned Business

    Reliable Staff

    Repeat Customer Base

    High Footfall Area

    Close To Local Amenities

    Scope For Delivery Services

    Potential To Expand Catering Services

    EPC – D

Description:
REF 7290 – Leasehold Sandwich Shop
Blacks Business Brokers are pleased to bring to the market this leasehold sandwich shop located in Bury, Greater Manchester.

INTRODUCTION
Ernill's Bakery shop was established by our client in this busy area of Brandlesholme, Bury in 1999. The business offers a range of freshly baked goods, sandwiches, pies and so on as well as offering an outside catering service. Ernill's is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and good reviews are noted online.

LOCATION
Ernill's occupies a fantastic main road trading position within a busy parade of shops with neighbouring businesses including independent retailers as well as large multiples such as Tesco and Post Office. There are also a number of housing estates and schools nearby. The area is well linked by the M66 with very strong 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 plans, the shop is now offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level. This sale is for the 'retail shop only' and doesn't affect the wholesale manufacturing side of the business, which is also based in Bury.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new five year lease can be made available at a cost of £196 per week.

BUILDING LAYOUT AND DESIGN
Ernill's operates from a spacious single storey retail property. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with kitchen and preparation area to the rear of this. All areas are well equipped and well presented.

STAFF
The business operates with nine members of part-time staff in employment supporting our client working on a part time basis in a management role.

FINANCIAL DETAILS
Ernill's has traded solidly since opening and our client has established a strong repeat customer base. Annual Accounts Available April 2021, Annual Turnover £185,484, Annual Gross Profit £108,426. Projected Turnover 2021 - 2022 £235,000. Full financial information is available upon viewing.

SUMMARY
This highly reputable and long established business occupies an enviable trading position in a busy area of Bury. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and expanding the catering services as well as potentially offering local delivery services. 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:
Hot Food Display Cabinet
Two Chiller Display Cabinets
Ovens
Large Fridge Freezer
Worktops & Benches
Microwave x 3


Opening Hours:
MON - SAT: 07:00 - 15:00 SUN: CLOSED


Weekly Rent:
£196 Per Week. Weekly Rent:
£196 Per Week.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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