Main Road Trading Position
Annual Turnover £182,000
Gross Profit £109,200
Further Financial Info After Viewing
New Lease To Be Negotiated
Refurbished In 2018
Five Star Food Hygiene Rating
Scope For Deliveries
Potential To Introduce Online Sales
Scope For Longer Opening
EPC – TBC
REF 6918 – Leasehold Sandwich Bar
Blacks Business Brokers are pleased to bring to the market this leasehold sandwich bar located on a busy main road in Sandyford, Stoke-on-Trent.
Goodies Bakeshop was established in 1981 and our client took ownership in 1999. The business is now trading as a sandwich shop only but has in the past operated as a full bakery and is still equipped as such. The business is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this main road trading position. The business has gained a number of excellent online reviews and an enviable reputation. At present Goodies Bakeshop does not have a website but does have a social media following – this is an area which could be developed resulting in a brilliant reputation and more custom.
Goodies Bakeshop occupies a main road trading position close to a large convenience store, barbers and a number of residential properties. The area is well linked by the M6 with strong public transport links and parking is available immediately outside.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
A new lease will be fully negotiated with our client as part of this business sale. The new lease will run at a cost of £200 per week and this includes the first floor space.
The business operates with six part time members of staff in employment supporting our client and partner working on a full time basis in hands on roles.
Goodies Bakeshop has traded solidly for many years and our client has secured a large repeat customer base. We are advised that the business currently has annual turnover of £182,000 with gross profits of £109,200. It is to be noted that the business is currently operating as a sandwich shop only and there is much scope and demand to reintroduce bakery services.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This is a well positioned sandwich shop which has been finished to a high standard. The shop provides an excellent sandwich trade to local businesses, residents and passers by on this busy main road. There is plenty of scope to develop the business further with the introduction of a delivery service along with the implementation of a website with ordering service and the potential for longer opening hours. A strong marketing drive could also be beneficial, particularly if a new owner reintroduces the bakery. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
BUILDING LAYOUT AND DESIGN
Goodies Bakeshop operates from the ground floor of this semi detached property. The business has large, striking branding and signage on display above a fully glazed frontage. Inside, the main shop area is well presented and welcoming with a large stainless steel counter area, menu boards and waiting area. Behind the counter is a preparation area fitted with display fridges, hot water machine and so on. To the rear of this is a fully equipped kitchen fitted with commercial microwave, meat slicer, stainless steel worktops and much more. Our client invested in a full refurbishment in 2018.
The first floor of this property is currently used for storage but could easily accommodate further business space with a little modernisation. There are three main rooms within this space.
Fixtures & Fittings:
Stainless Steel Worktops
Double Display Fridge
Large Chest Freezer x 2
Under Counter Fridge
Double Stainless Steel Sink
Griddle x 2
Grill x 2
Microwave x 2
4 Slice Toaster x 2
Hot Water Machine
Refrigerated Display Unit
Double Display Fridge
New Extractor System
MON - SAT: 07:00 - 14:00SUN: 07:00 - 13:00
£200 Per Week. Weekly Rent:
£200 Per Week.
|13/08/2019||Stoke on Trent, Staffordshire|