 | Superb Retail Baker & Snack Takeaway For Sale Derby, Derbyshire, United Kingdom Advert ref: N534 FINANCIAL DETAILS | Asking price: £69,950 Sales revenue: < £200k Net profit: < £100k Fixtures value: £30,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this first class business. There has been a retail baker on this site for many years and as such has built up a loyal and substantial customer base.
The shop retails bread, cakes and other bakery goods manufactured by the present owners central bakery.
Hot and cold snacks and sandwiches are a substantial and important part of the business.
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GENERAL INFORMATION | Employees: The business is run under management. Three sales assistants support the manageress.
Trading hours: Monday - Friday 08.30 am – 4.30 pm & Saturday 08.30 am – 3.00pm
Property: Leasehold
Lease terms
Approximately 6 years remain on a 10-year lease. The current annual rent is £10,000.
Living accomodation
The premises also include a 1-bed flat, which has separate access. The flat is currently sub-let providing an annual rental income of £2,600.
Location
The business enjoys a prime location within a popular shopping parade in a Derby suburb. Nearby there are a number of other retailers and service providers including local and national organizations.
The location benefits from free off street parking to the front of the premises.
Support & training
The vendor will work closely with the purchaser in a handover period to ensure a smooth transition.
Reasons for selling
The vendor wishes to concentrate in manufacturing and wholesale supply.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
