 | Profitable Sandwich Bar West London, United Kingdom Advert ref: NWA-161 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 delighted to offer this profitable Sandwich Bar in a prime commercial area. Surrounded by offices, banks and shops, this business is open only 6 days a week, presenting a good potential for the new owners to improve on the profits.
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GENERAL INFORMATION | Years established: 12 years (3 years under the current owner)
Employees: 1 FT + 3 PT
Trading hours: 7 AM - 6 PM Mon-Sat.
Property: Leasehold
Lease terms
10 Year Lease from 2005 with Next review in 2009.
Location
The business is situated in a prominent shopping street, opposite to the shopping mall. The business is surrounded by 3 major bank branches. Within the close proximity of the bus stop and pedestrian crossing.
Expansion potential
A good expansion potential for the new owners by providing additional menu items and taking more delivery orders. Which the current owner is not concentrating on.
Competition / Market
Due to the quality of the food the business finds it easy to convert a new customer into a regular customer. Even with the competition in the area the business attributes its 90% turnover to the repeat customers.
Reasons for selling
The owner wishes to move and setup a new bigger restuarant.
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The Business Partnership - North West London | | | |
