Well-Established Sandwich Shop in Tamworth Staffordshire for Sale
Tamworth, Staffordshire
- Status
FOR SALE
- Date Submitted:
20/06/22
- Advert ID
297318
- Reference
B06937 / Rightbiz
- Call Agent:
- Leasehold: £89,999
- Turnover: £214,000 (£4,115 Per week)
- Net Profit: Not Applicable
Business Details
Reputable Sandwich Shop For Sale
BusinessPlease quote reference B06937
CoGoGo are pleased to have been given the opportunity to manage the sale of Jeffreys Fine Sandwiches which, as the name suggests is a well-established Sandwich Shop with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and unusually busy local business in an area teeming with customers which still offers potential for further growth.
As of November 2022, a large contract worth £48,000 was signed for outside catering for a large firm with the contract length at 6 months, as well as a daily contract with another large firm.
This is definitely not your average Sandwich Shop!
There has been a food based business at these premises for a number of years and the current owners have run it as Jeffreys Fine Sandwiches for the last 5 years. The business has flourished under their ownership accruing many regular customers and a burgeoning reputation. The business has been a real labour of love for them and they have spent much time and money ensuring it is one of the best sandwich shops in the Midlands, if not the UK.
The business is now being sold, albeit reluctantly and with heavy hearts only due to a wish to pursue a change of direction and to spend more time with their young family.. The vendors are keen to see their beloved Sandwich Shop pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Jeffreys Fine Sandwiches prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The business caters for everyone’s needs serving up fresh seasonal food for vegetarians, vegans and meat eaters alike.
The business offers a regularly updated menu which includes;
- Breakfasts including a vegetarian option
- Cold sandwiches
- Jacket Potatoes
- Deli Menu
- Paninis
- Salad Trays
- Occasion Trays
- Cakes
- Delicious Thick Milkshakes
- Hot Drinks
- Cold Drinks
- Flavoured Waters
Jeffreys Fine Sandwiches delivers food to its customers via Tamworth Eats, Uber Eats, Deliveroo and Just Eat. Customers can collect in person or dine in at the premises.
Additionally the business offer outside catering for parties, weddings and private hire and is especially strong with corporate clients providing business buffets and sandwich platters etc
The sale will include the business Facebook page and Instagram and the business enjoys great visibility on the internet via websites such as www.tripadvisor.co,uk, www.yell.com, www.192.com, www,thomsonlocal.com etc along with impressive reviews such as;
“Brilliant service, excellent high quality food, very clean environment “
“Lovely, local sandwich shop. The prices are reasonable and the staff are so friendly. There are many options and everything is done to a great standard and friendly manner. I can’t see this becoming a regular lunch stop for me J”
“Amazing variety of fresh and tasty produce”
Scope to Improve
- Advertising and marketing campaign
- Website with online ordering facility and gallery
- Extend the opening hours perhaps opening as a bistro in the evenings
- Introduce a loyalty card / scheme
- Partner with other local businesses offering large companies a discount
- Reach out to influencers
- A well established business with an enviable reputation and many existing customers
- Perfect owner managed or partnership business
- Recently redecorated and new furniture throughout
- Current owners happy to offer a handover to ensure the continued success
- Low running costs with inexpensive rent and no business rates
- Sale will include lucrative contracts including a newly negotiated contract with Tamworth Museum
- A real opportunity to increase turnover and profits significantly if purchased by an experienced operator.
- Awards for 10,000 deliveries on Just Eat alone, ther business also uses Deliveroo, Uber Eats and Tamworth Eats.
Very rarely do sandwich shops of this calibre come to the open market. It really is one of the nicest of this type of business that we have seen for some time so early enquiry is highly recommended.
This lovely business is likely to attract considerable interest and the first to see will buy!
Location
Jeffreys Fine Sandwiches is located in Tamworth.
Tamworth is a market town and borough in Staffordshire, 14 miles north-east of Birmingham. The town borders North Warwickshire to the east and north, Lichfield to the north, south-west and west. The M6 Toll runs to the south of the town. It takes its name from the River Tame which flows through it. The population in 2019 was approximately 82,000.
The business is located in the centre of the town and sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade along with regular custom. The business is beautifully presented and maintained with clear visible signage and distinctive livery. There are a number of inexpensive public car within easy walking distance along with free on street parking in the roads and streets surrounding the premises.
Premises
Jeffreys Fine Sandwiches occupies generous premises (224.3 Sq.M) and is presented to the highest standards and fastidiously maintained . The premises briefly comprise;
Retail Area
Recently refurbished throughout at considerable cost to the vendors, windows and glazed door to front creating a light, airy and inviting interior, bespoke graphics to windows, vinyl non slip flooring, suspended ceiling with LED spotlighting, illuminated and chalked menu boards, glass pendant lighting , feature brick effect to dado height, nice quality tables and chairs currently providing approximately 10 covers but room for more, breakfast bar with high stools, refrigerated, glass serve over counter incorporating salad bar, freestanding cake / gateau display, feature hammered brass effect pendant lights x 3, coffee machine and grinder, stainless preparation tables, wooden floating shelves
Preparation Room
Vinyl non slip flooring, 2 large Polar stainless steel fridges with double doors, stainless steel preparation tables, hot cupboard with double doors, Merry Chef induction oven, ceramic hand wash basin with wall mounted soap and paper towel dispensers.
Kitchen
Comprehensively equipped catering kitchen with vinyl non slip flooring, stainless steel preparation tables, double Panini maker, 2 x Buffalo induction hobs, stainless steel microwave, magnetic utensil and knife storage, deep stainless sinks with spray tap and useful storage beneath.
Externally there are two tables for customers to enjoy Al Fresco dining and watch the world pass by.
Tenure
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the Lease, the rent is £12,000 per annum which is reasonable given the size and location of the premises.
Hours
The business trading hours are:
Monday to Sunday - 07:00am - 16:00pm
Staff
The business is owner run and managed with the help of 2 full time and 2 part time members of staff.
Financial Profile
The turnover from 2022 is £214,000 per annum. Turnover has increased due to aquriring more contracts.
Financial information can be made available upon request.
Please quote reference B06937
Contact Agent
Listing Statistics
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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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