Sandwich Bakery Coffee Shop for Sale in Colchester Essex with Takeaway Service Only
Colchester, Essex
- Status
FOR SALE
- Advert ID
618537
- Leasehold: £295,000
- Rent: £6,240 (£520 per month)
- Turnover: £310,635 (£5,974 per week)
- Profit: On request
Key Features
- Business goodwill included
- Established customer base and loyalty
- Established family-run business
- High footfall location
Business Details
Extremely Busy and Profitable SANDWICH – BAKERY – COFFEE SHOP (Takeaway only)
Very well established and thriving business for 43 years which has been in the family for over 35 years, incredibly well known located on a very prominent position!
NOT a Get Rid off Sale like most others advertised Online!!! Going to work to earn serious money, make friends and meet people that become second family is what makes It all worth it. We do not promote, advertise or have silly offers to be so mega busy, just doing everything properly is enough on an unbeatable location!!!
- Valuations 325k
- PRICE 295k
- TURNOVER: £310.000 (6.5k - 7.5k p.w. currently)
- Operating PROFIT: 68% before wages
- RENT: £520 per month
- Business Rates: ZERO
The business is sold without any staff on the books as it is currently run solely by the two owners!
The sale price will include all of the equipment, fixtures, fittings, stock and the Goodwill.
We are located on a Prime and Sort-after Location, on the outskirts of Colchester. Benefiting of a very large loyal customer base and a lot of constant passing trade. Close to a vast amount of residents, businesses, train station and on a slip road to a major A road. Plenty of free customer parking outside and staff parking on-site. An exceptional reputation based on customer service, quality and price.
5* rated
The scope to expand the business is huge, with the potential to increase business throughout social media presence and partnering with food delivery platforms, office catering and much much more.
The shop is in excellent condition, well equipped and well organised.
Everything that you could possibly need is already there, ready for a next day switch over!!!
The premises benefit from extremely LOW OVERHEADS and ZERO rates payable. There will be a brand new lease for Five years with Security of Tenure that can be extended to ten at a cost but not necessary with the provisions included in the current one.
Rarely does such a Well-Established Takeaway Sandwich-Bakery-Coffee Shop in such a Great Location that is so highly regarded and HIGHLY PROFITABLE becomes available on the open market.
Current opening hours Monday-Friday 5am-2.30pm and Saturdays 6am-2pm although working hours and days can be extended!!!
Genuine reason for sale as we want to Relocate Abroad to enjoy new ventures!!!
It is an incredibly busy environment not for the faint hearted. You can do so much more with a bit of vision and hard graft. It is a reluctant sale as there is noone in the family that can continue the legacy.
Full Payment on Completion ONLY, no part payments or deferred payments would be accepted!!!
For any more details about this business, please contact us direct.
Serious Buyers with the skills and funds available only!
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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