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SANDWICH BAR IN THE WORTHING AREA OF WEST SUSSEX

Goring by Sea, West Sussex
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SANDWICH BAR IN THE WORTHING AREA OF WEST SUSSEX
  • Leasehold: £80,000
  • Turnover: On request
  • Net Profit: £51,000

Business Details

This successful sandwich bar is located in a busy shopping parade in Goring-by-Sea to the west of Worthing in West Sussex. Other commercial tenants nearby include a convenience store, butchers, hardware shop, pharmacy and florists, and there is a generous amount of free parking in the surrounding area.

The well-managed business has been in the same hands for more than 20 years and is now for sale only due to retirement. The shop has built an excellent reputation and has a straightforward menu offering rolls, sandwiches and french sticks with a variety of fillings together with an assortment of cakes and a selection of hot and cold drinks.

Trading from Monday to Saturday 7.30am – 2.00pm, we are informed that takings are currently in the region of £4,000 per week. Accounts for the three years from 1st May 2017 to 30th April 2020 show an average annual Net Profit of £51,610.

Although this is already a profitable business, new owners might seek to increase sales through extending the trading hours, accepting credit/debit card payments and the introduction of outside catering and/or a delivery service.

LEASEHOLD £80,000   REF: SB35154T

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Contact seller

Stay Safe

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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