Status: Completed
Tenure: Leasehold
Leasehold Rent: £563 per month
Turnover: £214,293
Bakery in Hay-On-WyeBakery in Hay-On-WyeBakery in Hay-On-Wye
£59,000 + SAV

Bakery in Hay-On-Wye

Completed
  • Reference: 1858
  • Location: Hay-on-Wye, Powys
Hilton Smythe is delighted to welcome to the market A J Jones & Sons Bakery in Hay-on-Wye, Herefordshire. The business was established in 1934 and has been in our clients' careful ownership since 1998. Only now is the business being offered to the market due to our clients' unfortunate health problems. The business is open 6 days per week and generates a turnover in the region of £521,000 per annum with a gross profit of approximately 29%.

Our clients offer a wide range of bakery services, including homemade pastries, breads and morning goods to wholesale and some retail outlets throughout Hereford with three delivery rounds. We feel the turnover could be increased by a small marketing campaign to promote the business. There is also scope to establish a website to advertise the business and the services offered.

A new owner could, if desired, extend the range of products available and maybe introduce cakes and perhaps open a retail outlet to sell the products available. The business has an enviable reputation within the area, which has resulted in a loyal customer base with a vast amount of repeat trade. This is an excellent opportunity for a new owner to take this business to the next level; therefore early viewing must come highly recommended.

TENURE

We are advised Leasehold:

Rolling lease.
Rent: £563 per month.

HOURS

The business is open:

Bakery:
Monday - Saturday: 10.30pm - 6.00am
Sunday: Closed

Deliveries:
Monday - Saturday: 6.00am - 9.30am
Sunday: Closed

STAFF

The business is owner run and managed with 1 x part time baker, 1 x apprentice baker, 1 x assistant baker, 2 x delivery drivers and 1 x part time driver.

FINANCIAL PROFILE

The business is open 6 days per week and generates a turnover in the region of £521,000 per annum with a gross profit of approximately 29%.
A J Jones & Sons Bakery occupies industrial premises, ideally located (in a prominent trading position on a busy main road) in the town of Hay-on-Wye, Herefordshire. The business benefits from ample parking to the front of the premises. The business is surrounded by mainly residential properties, as well as complimentary shops and businesses. Hay-on-Wye lies on the east bank of the River Wye and is within the Brecon Beacons National Park, just north of the Black Mountains.

The area is well served by the public transport system with several bus stops within close proximity of the business. The nearest railway station is approximately 11 miles away. Hay-on-Wye is an affluent town, which is popular with commuters, due to its excellent road access to the surrounding areas. The area is well served by the A-road system with the A438 approximately 1½ miles away, which links to the vast A-road and motorway networks. Hereford is approximately 20 miles away, Brecon is around 15 miles away and Builth Wells is 19 miles away.
Two-storey industrial premises, briefly comprising:

Ground floor with:

Preparation area with:
3 x industrial mixers.
Tiled flooring.
5 x deck oven.
Stainless steel work area.
Shelving and racking to suit trade.
Bread slicer.
Pastry break.
French stick moulder.
Donut jammer.
Donut fryer.

Bakery with:

Mighty mixer.
Mono moulder bread plant.
1 two deck, oil-fired Alfred Hunt steam tube oven (brick and tile construction).
Stainless steel sink unit.
Store area.
Changing room.

Garage unit with roller shutter door used as store room and two freezers.
Second garage used as freezer store with 5 x freezers.
Office, also store area and 4 freezers.

First floor with:

The first floor is currently used for storage.

External with:

Shared car park with space for several vehicles.