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CONFIDENTIAL
FOR SALE
623120
A prominent and well-established sandwich shop, known as Bap & Baguette Bar, is available for sale in Newton Abbot, Devon. Conveniently located just off the main thoroughfare of the bustling town center, this business draws in a diverse clientele, including locals, business professionals, tradespeople, and visitors to the area.
The sandwich shop has been successfully operating for 33 years and boasts a dedicated customer base. Currently managed by the owner with the assistance of four staff members, the business offers promising opportunities for increased income through expanded delivery services and outside catering ventures. The business is priced at a leasehold value of £46,950 with a monthly rent of £650 and generates an average weekly income of £2,500. Full accounts are available for serious inquiries.
The surrounding area is enriched with nearby amenities, such as shops and restaurants, which attract customers. Though there are competitors like Subway and Greg's, the bespoke sandwich experience offered by the Bap & Baguette Bar remains unrivaled. All fixtures, fittings, and stock are included in the sale price, ensuring a smooth transition for the new owner.
The business has demonstrated steady growth over the last two years, as reflected in the available financial accounts. The owner's decision to sell is due to a change in personal circumstances. Potential buyers can also benefit from the business's established online presence and the opportunity for training from the current owner.
Additionally, the business has been owned by the current proprietor for 8.5 years, reflecting a period of stability and successful operation. With an annual turnover of £130,000 and a prime location in the heart of the town, this fully equipped and attractive business presents a compelling opportunity for prospective buyers. All stocks are included in the sale, ensuring that the new owner can continue operations seamlessly.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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