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Rustington West Sussex Bakery with Regular Client Base and Additional Income Streams for Sale

Rustington, West Sussex
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Well established bakery for sale Photo 1
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Well established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for saleWell established bakery for sale
  • Status

    FOR SALE

  • Date Submitted:

    30/10/23

  • Advert ID

    601843

  • Reference

    B07609 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £69,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well established bakery for sale

Business
Please quote reference B06709

Hilton Smythe are delighted to welcome to the market The Rustington Bakery, a highly rated business opportunity in Rustington, West Sussex. 

This well respected business opportunity was first established in 1988, with our client taking over in 2015. It's built up an excellent reputation and regular client base within the local area.

The Rustington Bakery has now come to the open market due to ill health. 

The Rustington Bakery offers a wonderful range of delicious fresh baked pastries and savouries along with artisan breads and rolls. They also have a snack van that supplies local businessess with their breakfast and lunch and also offer local deliveries to businesses on a wholesale basis. Everything is freshly baked. Our client has advised that they have a second snack van, which can be purchased separately to further expand the business. 

They cater for any occasion with a ange of freshly baked and prepared products and can provide something special for private events or corporate events.

Key selling points -

  • Prime high street location
  • Well established business that has been present for over 35 years
  • Regular and local client base
  • Two additional streams of income - snack van and wholesale
Scope for further growth -

  • Extend trading hours
  • Introduce a second snack van
  • Expand wholesale


Location
The Rustington Bakery is located on The Street, in Littlehampton, West Sussex. 

Due to the location, the business receives high levels of footfall and passing trade. 

Parking available to the rear of the unit.



Premises
Single fronted unit. 

Ground floor - 

  • Coffee shop and retail area
  • Preparation area
  • Additional storage space
  • Staff toilet facilities


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent us £18,000 per annum. 



Hours
The current trading hours - 

Monday to Friday - 6:00am - 3:00pm

Saturday - 7:00am - 3:00pm

Sunday - Closed



Staff
We are advised that the business has 4 members of staff. 



Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £280,000. Further financials can be made available upon request. 



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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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