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

AC322 -Woking, Surrey- Ł175,000+SAV-Delicatessen for sale in Woking, Surrey, UK

Woking, Surrey, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
£ 175,000	£ 580,000	Undisclosed

Business Summary:
Delicatessen Ref.AC322 Location Woking, Surrey Asking Price Ł175,000 Established in 1970 the current owners took over the business in 2008 and have concentrated on growing the business, which had stagnated under the previous owners. They have increased the client base, turnover and profits of the business during that time, but now have family commitments that mean they are no longer able to invest the time needed into this type of operation. After much careful consideration they have decided, reluctantly, to put the business on the market. This is an excellent and lucrative opportunity for a new owner to continue building on an existing platform, with lots of scope to increase turnover and profits and grow the business to ever greater heights. This is a real Delicatessen store, with take away, that offers customers a real choice in quality food, at reasonable prices, thus ensuring they retain all existing clients and are constantly attracting new clients. With lots of local trade and local office trade, there is indeed huge scope to continue to grow this business into the foreseeable future. In addition to a large range of fresh sandwiches, rolls and toasted sandwiches, the store carries an extensive range of Polish and Italian foods to cater for the local population and tastes of all types. They also offer a full range of hot and cold drinks, wine and pasta etc. In their endeavours to increase trade to the store they have spent time and money in updating areas within the store, including new deli chiller counter, excellent coffee machine, and various other refurbishments. This is a well run family business that has come onto the market unexpectedly and offers a superb opportunity for a new owner to acquire a lucrative and profitable business, with lots of growth for the future. One well worth viewing!

Year Business was Established: 1970

Number of Employees: 03FT

Facilities / Terms of Lease: The business is located on a very busy main road with on free street parking that makes it easily accessible to both passing traffic and to local pedestrian trade, from both local residents and office workers. The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon and have their own parking for owners and staff. There is a 10 year renewable lease in operation with a yearly rental of Ł25,000.

Potential Growth/Expansion: The owners have grown the business since they took over and have all the plans in place for continued growth into the future and the current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition: The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service to retain existing customers and strong word of mouth recommendation to attract new ones.

Owner willing to train: The owner will provide a handover period and is happy to provide ongoing support thereafter.

Reason for selling: The business is reluctantly for sale as a result of the vendors’ family commitments.

Seller Reference Number: AC322
BusinessMart.com Listing Number: 97291

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For more info contact:

Andrew Hudson
Turner Butler
0044 1895 25 60

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