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Thriving Sandwich Bar/Takeaway in Little Neston, Cheshire

Little Neston, Cheshire

£39,950 +SAV

Ref: 1635

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Description

Hilton Smythe is pleased to welcome to the market Mr Browns Traditional Food Hall, which is part of an old established business and has been in the careful ownership of our client since August 2012. This is a growing business with a turnover for the last financial year of £145,924 with a gross profit of approximately 49.37%. Adjusted net profit for a working couple would be in the region of £56,564 per annum.

The business enjoys unopposed breakfast and lunchtime trade with the benefit of free parking outside the shop and in the village which attracts not only local support but workmen passing the area. The business is currently profitably run under management with opportunities to increase this further with a hands on owner.

The business offers a range of quality products including hot and cold fresh sandwiches, pies, cooked meats, fresh bread and cakes, cheese, jams, milk, eggs and hot/cold drinks.

We feel there is genuine potential to expand the business by extending the hot food offered and a wider range of products in the spacious shop, there is also the possibility of introducing sandwich deliveries as a number of enquiries have been received from local offices and industrial areas.

The business genuinely comes to the market as our client wises to concentrate on his core wholesale bakery business.

Tenure

Leasehold

We are advised leasehold. Approximately 4.5 years of a 5 year lease remaining with fixed rent for this period. We understand the Landlord would be happy to negotiate a longer lease if required. Rent is 6500 per annum.

Hours

The business opens:- Monday to Friday 8.00am to 4.00pm Saturday 8.00am to 2.30pm Sunday closed

Staff

The business has one full-time manager and two part-time staff members which do not have to be taken on by new owners.

Financial Profile

This well-established business has a turnover of approximately £145,924 with a gross profit of 49.37%. ANP of £56,564 for working couple.

Location

Mr Brown's Food Hall is located within a parade of 4 shops, next to a busy post office and other complimentary businesses in the village of Little Neston Cheshire.

The business is approximately 1 mile from the larger market town of Neston and on good routes to Chester, Ellesmere Port and Liverpool.

Premises

Ground floor glass fronted retail premises briefly comprising:

A recently refitted large spacious sales and display area with new tiled flooring, a new 3 metre refrigerated serve over counter, electronic cash register, Coca Cola double door drinks chiller, 2 x stainless steel multi deck display chillers, 2 x bread and cake display racks, 2x centre display tables, hot drinks machine, hot pie warming display, counter top cabinet and soup kettle,
Rear preparation room with 2 x chest freezers.

Second preparation room with Bakeoff oven, double contact griddle, hotplate, toaster, microwave oven,

2 x stainless steel preparation tables and stainless steel upright refrigerator.

Rear yard with small stockroom, WC`s and use of garage.

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