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Businesses For Sale > Business For Sale in Cambridgeshire, UK, UNITED KINGDOM - UK (UK)

8697PE 2 Bakeries & Sandwich Bar L/H £450,000 for sale in Cambridgeshire, UK, UK

Cambridgeshire, UK, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
Undisclosed Undisclosed Undisclosed

Business Summary:
Advent Business Sales is delighted to offer to the market this pair of extremely well established bakery shops. The shops, which have been trading successfully for over 9 years, have been in the careful hands of the current owners for around 4 years and are only now being sold due to retirement. This has provided an excellent opportunity to purchase a business with such a healthy level of weekly takings which average approx £8,000. The shop sales at St Neots are approx £2,000 per week and wholesale is approx £3,500 per week. The sales at the Bedford shop are approximately £2,750 per week. The bakery obviously works nights to have the product ready for the next days trade. Its equipment briefly includes: • Baker perkins dough mixer • Escher dough mixer • Electro dahlen 5 layer break oven • Large upright double freezer, fridge and microwave and foster retarder fridge Both shops sell a good range expect including: • Range of breads, cakes and scones • Savouries • Sandwiches, freshly prepared to order • Hot and cold drinks • Special occasion cakes in various shapes to suit St Neots • 2 double glass display chillers, • A single soft drinks chiller, • Bread slicer, • Executor, • Table and chairs for use outside, • Hot savoury display • Crisps display. Bedford • 3 double glass display chillers • 2 bread racks • Crisp stand • Coca Cola double door soft drinks chiller • Microwave • Hot savoury display • Hot potato • Oven with sauce dishes • Bread slicer • Sandwich wrap • Wedding cake display Included in the sale are 2 delivery vans: ‘04’ plate Ford transit & ‘07’ plate Citroen Relay We are advised that stock at cost is approx £30,000. Our client’s may also be prepared to sell each shop separately. TRADING HOURS Mon – Sat: 8.00am – 4.00pm Sun: closed FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: £7,000 combined Gross Profit: 75% BUSINESS PREMISES St Neots: • Electrically operated roller shutter door. • Side window displays with a centre opening door into the serving area, with glass display chillers with product, soft drinks chiller • Till, range of bread displays on racking • Well tiled floor and good decorative order throughout. • Outside table and chairs • Stainless steel preparation benches • Through to bakery area with full range of equipment and racking • W/c at rear of bakery External • Outside rear car park and container for dry stores. Bedford: Very well presented an in excellent decorative order. • Side window displays with low level solid panels. • Centre door leading into the main serving area • The shop is partitioned to create a rear small enclosed kitchen and stores area which includes 4 ring electric cooker, under counter fridge, upright freezer, stainless sink/drainer, w/c and rear exit. • The shop has a row of display chillers with wall hung bread display racks to the rear of them. • The opposite wall has soft drinks chillers, cake display rack and a bread display rack. • The end of the shop has a sandwich preparation area and till to the rear of a chiller with various sandwich fillers from which a customer can choose. Both shops were completely refurbished in 2004 when most of the equipment was replaced new. We are informed that the total cost was approx £240,000.

 

   
Number of Employees: St. Neots employs five fu  
   
Facilities / Terms of Lease: Bedford TENURE: Leasehold Original lease: 25 years Remaining lease: 21 years Review every: 5 years Rent: £23,476 P.A. We are advised that the annual business rates are currently: £7,220 P.A. St Neots TENURE: Leasehold Original lease: 25 years – Remaining lease: 4 years Review every: 5 years Rent: £11,000 P.A. We are advised that the annual business rates are currently: £4,520 P.A.  
   
Potential Growth/Expansion: Both shops have excellent sales but these could be increased vastly if there were to approach more wholesale customers. They could also put more table and chairs outside the premises and offer cold buffets to local businesses.  
   
Owner willing to finance: Please let us know if you require finance for the purchase of a business,  
   
Reason for selling: retirement plans  
   
Seller Reference Number: 8697PE
BusinessMart.com Listing Number: 50536
 

 

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For more info contact:

Niti Jashvir

Advent Business Sales
0844 8009092

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