Hilton Smythe welcomes to the market Partap Sweet Centre. This long-established and reputable family run business was established by our client's father nearly 50 years ago.
The business specialises in the production of authentic Indian sweet and savoury delicacies and is renowned throughout England for the production of Jalebi and Ladu sweets. The business sees a high amount of repeat trade and word of mouth referrals with the products being made from 100% vegetarian ingredients.
According to the 2014 accounts the business reports a healthy turnover of £92,000 with gross profit at 86%. We believe the business has huge scope to develop. The introduction of a website with an e-commence facility could prove very lucrative. Social media is also a great cheap way of promoting the business.
This freehold business opportunity is also offered with superb 3-bedroom accommodation, making this an ideal acquisition for a couple or family to take over this fantastic traditional business venture.
TENUREWe are advised Freehold.
A leasehold option is also available with terms and conditions to be agreed, Rent is £12,000 per annum, which includes the shop and good sized living accommodation above.
HOURSThe business is open 7 days a week.
Monday to Saturday 9.00am - 6.00pm
Sunday 9.00am - 4.00pm
STAFFThe business is owner run and managed with the assistance of 1 full time member of staff.
FINANCIAL PROFILEAccording to the 2014 accounts the business reports a healthy turnover of £92,000.
Partap Sweet Centre is located just on the outskirts of the multi-cultural City of Wolverhampton, West Midlands
The business is ideally located close to the busy residential areas of Dunstall Hill, Whitmore Reans and Newbridge from which the business derives much trade.
The business benefits from a bus stop directly to the front and street parking in the vicinity and is just a short distance from Wolverhampton Racecourse. The area is readily accessible with excellent public transport links and good road connections via several A roads and the M54 and M6 both skirting the city.
A substantial two-storey freehold premise briefly comprising:
Front retail area with service counter area, double chiller, base units with work surfaces over and till. The walls are fully tiled with shelving and access to middle preparation room.
The preparation room houses sink unit, shelving, extraction unit, 2 gas burners, wash basin, windows to side and access to domestic kitchen.
The domestic kitchen has a range of base and wall units, cooker, sink unit and upright fridge freezer.
Inner hallway with stairs leading to first floor accommodation.
The rear lounge has double glazed windows, living flame gas fire and laminate flooring.
Giving access to 3 double bedrooms and modern bathroom suite. Two of the bedrooms have fitted wardrobes.
Block paved yard with side gate and timber door storage shed.