Sold

Thriving Sandwich Shop and Deli for Sale

Nottingham, Nottinghamshire

£22,000 +SAV

Ref: 1911

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Description

Hilton Smythe welcomes to the market Parkers Deli. This well established business has been successfully run and managed by our client for over ten years, with the business reluctantly coming to the market due to our client’s ill health.

Parkers Deli is a thriving sandwich shop and delicatessen and is very well supported by the local community with much repeat trade. Our client offers a small delivery round to local businesses including breakfasts and pre-ordered filled sandwiches. However, we believe there is huge scope to further develop as currently no marketing or advertising is undertaken, and with a commercial business area in the locality this could easily be targeted to raise awareness to new customers to increase the delivery round.

Our client advises that he is currently turning away regular requests for outside catering/buffets due to his ill health. An avenue to be explored by the new owners to further increase revenue. Additionally, we feel that if the business were to extend opening hours to include weekend trade this would have a positive impact on turnover.

This is a fantastic opportunity to purchase an already established profitable business with the potential to further develop. Our client is happy to assist with a hand over period if required.

Tenure

Leasehold

We are advised leasehold.

The lease is a rolling agreement, with rent at a peppercorn £417 a month.

Hours

The business opens:-

Monday to Friday 7.15am – 2.30pm
Saturday and Sunday closed.

Staff

The business is owner run and managed with the assistance of 2 members of staff.

Financial Profile

The business reports a healthy turnover of just under £74,200 per annum, with gross profit at £34,550.

Location

The business is located in the vibrant town of Long Eaton on the Derbyshire/Nottinghamshire borders.

Occupying a prominent corner position, Parkers Deli is situated on College Street, a through road in the heart of this densely populated town. The business is within walking distance of a large super-market and independent retail shops, affording heavy footfall in the area. The business is also close to a commercial business area, ideal for the business.

Long Eaton lies just north of the River Trent, around 7 miles from the City of Nottingham and around the same distance from the City of Derby. The town is readily accessible from the M1 motorway.

Premises

Corner positioned end of terrace premise briefly comprising:-

Retail area with waiting area for customers, cold drink upright chiller, lamp warmer unit, meat slicer, stainless steel shelving, scales, griddle, 4 ring electric oven with grill, undercounter fridge, fridge/freezer, urn, microwave and till.

Rear washing up area housing single bowl, double drainer, hand wash and instant water heater.

There are toilet facilities at the back of the premises with separate external access.

Externally, there are two large display windows with clearly signed canopies. The front paved area has room for 4/5 tables and 8-10 chairs.

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