Turnkey sandwich bar for sale in Colchester with quality fittings and low overheads
Colchester, Essex
- Status
FOR SALE
- Advert ID
656723
- Reference
C0151E / Rightbiz
- Call Agent:
- Leasehold: £7,500
- Rent: £10,000 (£833 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Open to offers and negotiations
- Opportunities for aggressive marketing campaigns
- Opportunities for menu expansion
- Potential for alternative use
Business Details
RECENTLY CLOSED FULLY FITTED SANDWICH BAR TAKEAWAY PRICE: £7,500 PREMIUM LOCATION: COLCHESTER
RECENTLY CLOSED FULLY FITTED SANDWICH BAR TAKEAWAY
PRICE: £7,500 PREMIUM
LOCATION: COLCHESTER CITY CENTRE
REF: C0151E
ADVERT: (Only Available To Registered Applicants)
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DESCRIPTION
RECENTLY CLOSED FULLY FITTED SANDWICH BAR TAKEAWAY occupying a HIGHLY PEDESTRIANISED POSITION on a ONE-WAY ROAD, benefiting from TIME-RESTRICTED FREE PARKING and situated within COLCHESTER CITY CENTRE. The premises have been sandwich bar ESTABLISHED FOR 30 YEARS and operated under the SAME OWNERSHIP SINCE 2019. The business has now come to market following a GENUINE REASON FOR SALE and recent closure, representing an excellent TURNKEY OPPORTUNITY for an ENTRY-LEVEL new business owner or an experienced operator looking to commence trading with minimal additional capital expenditure. The premises are VERY WELL PRESENTED throughout and benefit from QUALITY FIXTURES & FITTINGS, together with a FULL COMPLEMENT OF EQUIPMENT, providing a READY-TO-TRADE opportunity. The business benefits from LOW OVERHEADS, with ZERO RATES PAYABLE, and the premises are held on a SECURE LEASE at a current rental of ONLY £10,000 PER ANNUM EXCLUSIVE. The Director of ESSEX AND SUFFOLK BUSINESS SALES has been directly involved in the sale of this opportunity on a number of previous occasions, and we are delighted to have been instructed as SOLE AGENTS once again. Historically, the business generated the majority of its trade through TAKEAWAY SALES, supplemented by telephone orders and local deliveries throughout Colchester. The business also developed a strong COMMERCIAL AND CORPORATE CLIENT BASE, supplying premium clients including the LOCAL COUNCIL, SOLICITORS, HOSPITAL, SEVERALLS INDUSTRIAL ESTATE, LOCAL SURGERY and CONSTRUCTION COMPANIES, with delivery services also facilitated through UBER EATS and JUST EAT. We believe there is HUGE SCOPE TO MAXIMISE REVENUES through the introduction of extended opening hours and additional trading days, together with further development of the delivery and corporate catering opportunities. This represents a RARE TURNKEY OPPORTUNITY to acquire a long-established, fully fitted sandwich bar takeaway at an attractive entry price, with significant potential for a new owner to re-establish and further develop the business.
AN EARLY VIEWING IS ADVISED.
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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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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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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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