Long-Standing Sandwich Bar in Needham Market Suffolk, Adjacent to Busy Co-op, Parking Available
Needham Market, Suffolk
- Status
FOR SALE
- Date Submitted:
21/08/23
- Advert ID
518458
- Reference
BStL231170 / Rightbiz
- Call Agent:
- Leasehold: £80,000
- Rent: £10,000
- Turnover: £210,000 (£4,038 Per week)
- Net Profit: On request
Key Features
- Established Business
- Prime Location
- Small Business
- Offers Invited
Business Details
Well Established Sandwich Bar Takeaway Next Door to Busy Co op with Ample Car Parking
Finney’s Bakery & Sandwich bar has traded successfully for over 23 years. The current owners are only selling as they are planning their well-earned retirement.
Situated conveniently adjoining the local Coop supermarket Finney’s serves both hot and cold takeaway breakfast and lunches as well hot and cold beverages, pastries and snacks prepared on the premises. The business average weekly takings are recorded at just under £4000 per week although recent accounts are seeing revenues of over £5000 per week. Presently they are the only sandwich bar in the area.
The shop has front and rear access and in addition to the serving area it has large preparation area as well as utility room and toilet.
The rent is £10,000 per annum and the current lease is in place until 2025.
Opening hours are Mon-Fri 7AM until 2PM and Saturday 7.30AM until 1.30PM.
Opportunity exists to open longer hours and on Sundays to increase revenue. Also utilising home delivery services and providing event catering would significantly increase turnover if desired. Get in touch to request further information or book an appointment to view.
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.
Be safe, use a Rightbiz Solicitor
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