 | Cafe Retail Baker & Snack Takeaway For Sale Under Offer Nottingham, Nottinghamshire, United Kingdom Advert ref: N523 FINANCIAL DETAILS | Asking price: £75,000 Sales revenue: £180,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this business, which is currently run under management and is part of a well-known local brand. All bakery products are locally manufactured in Nottingham.
It has built a reputation for quality and value for money for bread, cakes, savouries and freshly made snacks & sandwiches.
The café, at the front of the premises, which has seating for around 40 is extremely popular with shoppers and with those who live and work locally.
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GENERAL INFORMATION | Employees: A total of 200 hours is allocated across all staff, including the manager, to operate this business.
Trading hours: Monday - Saturday 09.00 am – 5.00 pm & Sunday 10.00 am – 4.00 pm
Property: Leasehold
Lease terms
The premises are presently leased at an annual rent of £26,000.
Location
The business occupies a prime location within the pedestrianised section of Front Street, Arnold, which is an extremely popular shopping street.
The business is adjacent to well known retailers such as Wilkinson, Argos and W H Smith.
It also benefits from passing trade from customers entering Front Street from bus stops and free car parks.
Support & training
The current owners will assist through an agreed transition period to ensure a smooth transfer of the business.
Reasons for selling
This business is only offered for sale due to the vendor wishing to concentrate on wholesale baking.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
