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Exceptional Sandwich Bar/cafe for Sale

Gloucester, Gloucestershire

Leasehold : £ 159,995
Turnover : £ 3,808 p.w.

This exceptional business has an ideal trading location in the city of Gloucester, Gloucestershire. The property stands proud on one of the city's main access roads which sees a mass of commuters and city visitors on a daily basis. The neighbouring area has a large display of commercial and corporate style businesses which is ideal as it supplies a large customer base within a short travelling distance it also benefits from being situated close to the Cathedral. Gloucester is a hugely popular business and residential area which offers excellent shopping, fine housing, good schools, NHS services, superb public transport networks and a thriving business community. Gloucester also benefits from being less than 6 miles away from the M5 motorway which makes visiting and commuting very easy.

Advised annual turnover of £198,000 with a GP margin of 65%
Situated in the very desirable city of Gloucester
Long established and highly reputed business
Early viewing essential to fully appreciate
Scope for further developments
Currently run at a pace to suit
Ideal partnership opportunity
Genuine reason for sale

Business History

Meridian Business Sales are delighted to offer for sale this exceptional sandwich bar/cafe which was established in 1995 and has been in the careful hands of our client since 1997. Our clients are reluctantly offering the business to the market due to a desire to pursue other business commitments. Since our client took ownership of the business they have invested time and money into the business and premises meaning that it is in full walk-in condition. Our clients inform us that annual turnover currently runs at £198,000 with a gross profit margin of 65% which is derived from the sale of a delicious range of freshly prepared hot & cold sandwiches, breakfasts, jacket potatoes and outside catering services etc. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Monday: 7:00am – 4:00pm
Tuesday: 7:00am – 4:00pm
Wednesday: 7:00am – 4:00pm
Thursday: 7:00am – 4:00pm
Friday: 7:00am – 4:00pm
Saturday: 7:00am – 4:00pm
Sunday: 9:00am – 4:00pm
Accommodation: Glass fronted and well signed character property, briefly comprising:

Secure entrance leading to:

Open plan area

Serving/payment counter with cash register

Drinks preparation area

Coffee machine

Menu boards

Seating area for 6 covers

Drinks chiller

Chilled serve over counter

Confectionery displays

Bread storage area

Open plan fully fitted kitchen

Designated wash area

Storage room

Work space

Cellar access

Storage room with fridges, freezers and dry store
Additional dining space for 19 covers
Small storage area

Staff room
Management office
Cloak room
Storage room

Front seating with 14 -18 covers
Parking facilities
Tenure: Leasehold
Original Length: 15 years
Remaining: 3.5 years
Rent: £19,500pa
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65 Advert ID 44434    Sellers Ref : 3824/BSOL

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