Two Top End Superbly Located Sandwich Shops
Location : Leicester
Asking Price : £59,950
Turnover : £155,000
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Gross Profit: 48%
Net Profit: Undeclared
10 years established
City centre location
Surrounded by many professional businesses
High quality fixtures and fittings
Turner Butler has been appointed to invite offers for the purchase of the assets of this
long established impeccably presented sandwich business.
The two retail units are superbly located and are in close proximity. The sandwich shops are surrounded by offices, many of which house solicitors and accountants. They operate to 5* hygiene standards.
Regular repeat business is a reflection of the attention paid to customer service.
The location of the business is its key strength. The staff use only the finest quality butcher’s meats as well as Covent Garden fruit and veg.
Turnover c. £155,000
Gross Profit Margin c. 48%
Net Profit: Undeclared
The assets of the business are being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The asking price of £59,950 is for the assets of the business. The shops are equipped to a very high standard. All equipment, fittings and furniture are included in the asking price.
There is currently a zero advertising spend.
There is massive growth potential in this business. A new owner manager would benefit the operation significantly and staff costs could be cut. The business is currently not promoted on social media and doesn`t have a web presence. They currently do not accept card payments. Whilst they do a little outside catering there is great potential for expansion here.
The two shops are rented. The total payable in rent and rates is £20,605 per annum.
There are 6 staff working a total of 150 weekly hours.
The current owner has been working full time on another project for a number of years.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
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