 | Under Offer Aberdeen Union Street Sandwich Bar For Sale Under Offer Aberdeen, Grampians, United Kingdom Advert ref: A182 FINANCIAL DETAILS | Asking price: £149,000 Sales revenue: £500,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
FRANCHISE TERMS | This is an easily managed business with professional franchise support providing continuous product and delivery development to keep the O’Briens concept at the leading edge of the sandwich bar market.
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BUSINESS DESCRIPTION | Situated opposite the Union Street entrance to the Trinity Shopping Centre and in the heart of Aberdeen’s main commercial and shopping district. O’Briens Aberdeen Sandwich Bar was voted O’Briens UK Shop of the Year in 2003 and benefits from an excellent mix of sit-in custom, busy takeaway trade from passing custom and an established outside catering service.
O’Briens Sandwich Bars specialise in freshly made sandwiches, toasties, wraps, salads and freshly ground coffee with a delivery service to Oil and Gas companies.
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GENERAL INFORMATION | Years established: 5 years
Employees: The current owner does not work in the business which is fully staffed with a manager and 8 full and part-time employees.
Trading hours: 7am - 5pm Monday - Saturday, 11am - 5pm Sunday.
Property: Leasehold
Lease terms
Rent £65,000 per annum. Current lease runs until 2014. Rateable Value £47,000, rates payable for 2006/7 £21,667.
Living accomodation
The shop is a large corner retail unit recently fitted out to a very high standard with the latest O’Briens interior design and catering equipment.
The premises comprise a ground floor retail area of approximately 80m² (860sqft), comprising spacious front shop with armchair seating, tables and bar stools. The total number of covers is 48.
Open plan stairs lead to the basement area containing an office and customer toilets.
The sale price includes all equipment and fixtures and fittings relating to the business.
Location
These highly visible premises are located in a prime corner retail location in Aberdeen city centre on the north side of Union Street at its junction with Belmont Street.
The shop is directly opposite the Trinity Centre and benefits from a large number of offices and shops in the immediate surrounding area. Adjacent retailers are Primark, Virgin, Molton Brown, RS McColl and Jamieson & Carry.
This area has one of the highest footfalls of Aberdeen’s city centre which results in excellent passing trade.
Expansion potential
The surrounding area is one of Aberdeen's main pub and club districts and the shop could substantially increase turnover by extending the opening hours.
Support & training
Franhisee development support is provided by O'Briens.
Financing available
To assist with your business purchase The Business Partnership offer a range of competitive credit packages from a wide range of banks and finance companies.
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